Nib International Bank History

ESTABLISHMENT:
Nib International Bank S.C. (NIB) was established on 26th May 1999 under license No. LBB/007/99 in accordance with the Commercial Code of Ethiopia and the proclamation for Licensing and Supervision of Banking Business No. 84/1994 by 717 shareholders. The Bank commenced operation on 28th October 1999 with a paid up capital of Birr 27.6 million and authorized capital of Birr 150 million.

VISION, MISSION AND VALUES:
Vision:
NIB\'s vision is to become an icon of excellence and the leading commercial bank in Ethiopia.

Mission:
NIB\'s mission is to provide efficient and effective full-fledged commercial banking services by utlizing qualified, honest and motivated staff and state-of-the-art technology and thereby optimize stakeholders\' interest.

Values:

    • Prudent and professional banking practice;
    • Honesty and integrity;
    • Transparency;
    • Accountability;
    • Confidentiality;
    • Loyality;
    • Social responsiveness;
    • Competitive services and sustainable growth;
    • Organizational excellence;
    • Equal opportunity employer.
 

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