Vision, Mission, Values

VISION

To be the leading bank in Ethiopia by 2035

MISSION

In as much as we are committed for the shareholders’ value, we care for the satisfaction of the
public’s, partners’, and employees’ needs through service excellence, innovation, passionately
focused team, sustainable practices and providing diversified banking services to our patrons
globally.

VALUES

Integrity

 Honest and transparent with others and ourselves

 Courageous to do and say the right things; and challenge things that we believe to be
wrong
 Honor our commitments in a fair and ethical manner
 Be accountable for failure as well as success

Teamwork

 Trust, respect and support each other

 Put our shared interests ahead of individuals
 Collaborate with colleagues across LIB

Diversity

 Learn from and respect the cultures in which we work

 Embrace the diversity of our employees
 Create an environment conducive to attract and keep the best people who share our
values
 A service crafted with a local face

Social responsibility 

 Conduct our practices to the highest standards and in compliance with national and
international standards and laws
 Place the highest priority on the health and safety of our workforce and protection of our
assets and environment
 Seek ways to positively impact the communities we interact with
 Determined to leave things better than we find them
 Work to improve the way we operate as an organization and the impact we have on the
society

Innovation and learning organization

 Seek new opportunities and out-of-the-ordinary solutions

 Strive to continually to initiate better ways of doing things
 Committed to excellence in everything we do
 Acquire knowledge and innovate to remain competitive in the fast changing environment
 Facilitate learning to employees to cope up with challenges

Customer satisfaction

 Continual focus and understanding of customers’ needs & strive to surpass their
expectations
 Providing customers with value adding products and services
 Unreserved commitment to superior quality products and services
 Unwavering commitment to being a good partner

Employee satisfaction

 Developing our employees to excel to be the best they can be

 Continually commit resources to the development of our employees
 Encourage, motivate and reward employees who excel in self-development and
development of their colleagues
 Empower managers and employees for self-development and development of their co-
workers

The establishment of Lion International Bank S.C., on October 2, 2006 in accordance with
Proclamation No፡ 84/94 and Commercial Code of Ethiopia has marked a shift in ownership as
the company based its roots in a larger number of shareholders than any other Bank has had
during the time and has become a pioneer for the Banks that came later. The then 3,739
shareholders have subscribed a capital of Birr 432.5 million and have had an initial paid-up
capital of Birr 108.2 million; Lion International Bank commenced operation on 6th January 2007
with three branches.
Executive Management
 Ato Getachew Solomon
President

Ato Gebru Meshesha

VP-Resource Management
 Ato Tekie Mekuria
VP-Corporate Banking

Ato Daniel Tekeste

VP-Business Strategy & Modernization
 Ato Aklilu Hayelom
VP-Retail Banking

Ato Sheworke Belete

Director – Internal Audit Department
 W/ro Bethlehem Addis
A/Director – Risk & Compliance Management Department

Ato Daniel GebreEgziabher

Director – International Banking Department
 W/ro Tsebele Hadush
Director – Credit Management Department

Ato Gezahegn Dejene

Director – Finance Department

Ato Michael Gezae

Director – Human Capital Management Department
 Ato Wondwossen Gashaw
Director – Procurement & Facilities Management Department

Ato Eshetu Fanta

Director – Engineering Service Department
 Ato Hailay Haftu
Director – Strategy Management Department

Ato Mulugeta Teklu 

Director – Marketing Department
 Ato Hiruy Zemichael
Director – System Development & Management Department

Ato Solomon Tesfay

Director – IT Infrastructure Management Department
 W/ro Feven Binyam
A/Director – Legal Services Department 

Ato Abraham Tilahun

Director – Alternative Banking Channels Department

Loans and Advances

Lion International bank (LIB) renders a monetary loan to its esteemed customers for a specific
purpose, such as for setting up or enhancing business. It will have a predetermined duration and
the loan will have an interest rate that is either fixed or adjustable.

Overdraft Facility

Overdrawal on overdraft account

Overdraw on current account

Merchandise Loan Facility

Import Letter of Credit Facility

Pre-Shipment Export Credit Facility

Revolving Export Credit Facility

Letter of Guarantee Facility

Term Loan

Motor Vehicle Loan

Construction Machinery Loan

Agricultural Term Loan

Staff Mortgage loan

Emergency staff loan

Partial Financing

Syndicate Loan

Loan Buyout

International Banking
International Banking is a major business line of the Bank that serves customers by facilitating
international payment for the purpose of trade and transfer of funds for others. It mainly focuses
on trade service activities through a process that is compatible with nature of customers’ business
and international standards.

In order to bring efficiency and customer satisfaction, the process is reorganized in a manner that
ensures easy accessibility of trade service to customers as well as maintenance of uniform
service quality and standard processing time. It has also laid the ground by which service
differentiation to customers can be made. Each performer in the Trade Service (TS)
/International Banking Department is required to focus on creation of value to customers by
ensuring that processing of each request from start to end with a predetermined standard quality
and time set for the service.

Diaspora Mortgage and Vehicles Loan 

Diaspora Mortgage Loan (DML) – provides Ethiopian Diaspora access to loan facility to
purchase residential house or commercial buildings from Real Estate, individual sellers or any
other means or construct residential house/commercial building on own land. The DML facility
enables Ethiopian Diaspora customers to deposit 20% of the total investment for Mortgage in
USD, GBP or Euro and have access to the remaining 80% finance from the Bank.

Diaspora Vehicles Loan (DVL) – provides Ethiopian Diaspora access to loan facility to

purchase Machinery, Tractors, Heavy Earth Moving Equipment & Specialized Equipment,
Heavy Commercial Vehicles, Trucks, Trailers, Pick-Ups and other Commercial Vehicles. The
facility enables Ethiopian Diaspora customers to deposit 40% of the total investment on Vehicle
in USD, GBP or Euro and have access to the remaining 60% finance from the Bank.

Eligibility Criteria

Documentation Requirement

Diaspora Application Forms

Contact Addresses

What is International trade?

Exchange of goods and services cross frontier/boundary between several political economics
flow of goods from seller to buyer in accordance with the contract of sale and the consequential
flow of payment from buyer to seller.

Trade Service Products

 The Lion International Bank provides full- fledged international banking services, including
facilitation of import and export transactions, handling inward and outward money transfer
services, purchase and sell of foreign currencies, and providing deposit services in hard
currencies.

1. Documentary Letter of Credit

Is an undertaking given by a bank to the seller at the request and/or instructions of the buyer to
honor a claim up to a stated sum of money within a prescribed time limit and against stipulated
documents, provided that the terms and conditions of the credit are complied with.

 Import- Available by Sight Payment /Negotiation Payment / Deferred

Payment*/Acceptance Payment *
 Export- Payment Available by Sight/Negotiation/Acceptance of bills

      2.Documentary Collection

Is a method under which banks handle a seller’s commercial documents with or without financial
documents, in accordance with instructions received from the seller’ bank, in order to deliver the
documents to the buyer (importer) against payment and/or against other terms and conditions.
Advance Payment is a method under which a seller receives payment from a buyer prior to
shipment of goods or the rendering of the agreed upon service.

 Import- Available by Sight Payment

 Export- Available by Sight Payment/ Acceptance Payment

       3. Advance Payment:

Is a method under which a seller receives payment from a buyer prior to shipment of goods or
the rendering of the agreed upon service.

 Import
 Export

4. Consignment Payment
Is a method of payment in which the title to the goods remains with the seller until an agent
(distributor) in foreign countrysells them. Payment is made to the seller if and when the agent
(distributor) sells the goods.

Export

5. Guarantee:
means a letter of undertaking issued by an issuing bank/Guarantor to compensate (pay a
sum of money) to the Beneficiary (local or foreign) in the event that the Obligor/Principal
 fails to fulfill his/her/its obligations in accordance with the terms and conditions of the
guarantee/agreement/contract.

6. Franco – Valuta
License (Permit) is a license issued to import goods that are not entitled to pay in foreign
exchange (Refer NBE Directive No. FXD/07/1998 Article 5.6)

7. Small Export Items License (Permit): Is a license issued for the export of small items
and other goods exported again due to various reasons (e.g. for maintenance) as well as
sample items.
8. Shipping Guarantee: shall mean an undertaking issued by the Bank to secure any claims
by the shipping lines on the buyer as a result of release of goods without presentation of
the original bills of lading(due to delays in transit or goods arrive before shipping
documents are presented to the bank).

9. Foreign Money Transfer Service:

Foreign money transfer from LIB and from foreign banks to LIB via swift transfer.

10. Foreign Exchange Services:

buying and selling foreign currency notes, foreign Cheque and traveler Cheque.

11. Renders Remittance:

service of Western Union, Xpress Money, Dahabshill, MoneyGram, Kaah, Transfast,
Tawakal and Iftin Express.

Correspondent Banks 
Lion International bank has correspondent banking arrangements with well-known international
banks in different parts of the globe to deal in the major currencies of the world. Trade related
payments and personal remittances are transacted through these accounts in the respective
currencies. Wherever you are, your funds can reach through our correspondents listed below:

Correspondent Bank Name Currency Swift Code

Commerzbank USD, ERU,GBP COBADEBBXXX

Bank of Africa USD MRINDJJD

Bank of Beirut USD BABELBBE

Correspondent Bank Name Currency Swift Code

Bank of china USD BKCHCNBJ110

CAC International Bank USD CACDDJJD

Card Banking
LIONCard helps to access your cash from Lion International Bank ATMs and any other banks’
ATM 24 hours a day and 7 days a week. LIONCard grants you access to the following banking
services on all ATMs in Ethiopia:

 Withdraw cash
 Check balance
 Print mini-statement of the last 10 transactions
 Change PIN code

In addition to the above services, LIONCard also helps to transfer money between accounts
maintained at Lion International Bank branches.

List of ATM Cards we offer

LionCard

It is safer than carrying cash and helps you access your cash maintained in our bank from our
ATMs and any of the other banks’ ATMs.

Anbesa Fetan Card  

You don’t need to wait days and months to get a new debit card! Visit one of our branches today
and have Anbesa Fetan Card in just minutes – it will be ready for your use the minutes you walk
out of our branch.

Agent Banking
Lion International Bank HelloCash service which is available in 5 languages i.e. Amharic,
Oromifa, Tigrigna, Somali and English enables to access the following services by using only
mobile phone:

 Open LionHelloCash Account

  Deposit cash
 Withdraw cash
 Transfer money
 Check your account balance
 Pay for mobile phone top-up
 Book Ethiopian Air Lines ticket
 Book Selam Bus ticket
 Book Edna Mall cinema ticket
 Pay utility bill
 Pay for sport betting

For more information on LionHelloCash services, call 8803 and press “0”; customer support
awaits your call.

Mobile Banking
Life is always moving! Our Mobile Banking Service is your tool to keep up with your circulating
money for free.

Key Features

 Fund Transfer to any Lion International Bank account;

 View balances and transactions;
 View account history; and
 Get mini statement

Visit your nearest branch to get registered for the service.

Online Banking
Now, Lion International Bank brings your branch just a few clicks away. With LionOnline, you
don’t need to step out to make important transactions.

Key Features

 Check balance;
 View deposit and withdrawal transactions;
 Make loan payments;
 Transfer funds;
 See if a Check is cleared;
 Download transaction history;
 Create email alert that let you know when your account reaches a specific limit.
You can login to your LionOnline page by clicking one the links below. If you are an individual
customer, click ‘Personal’. And if you are a company, click on ‘Corporate’.

What are the eligibility criteria for Diaspora Mortgage and/or Diaspora Vehicles Loan?

1. The applicant should be an Ethiopian and/or foreign nationals of Ethiopian origin

residing outside Ethiopia or returnee residing in Ethiopia who lived abroad for more than
one year.
2. Companies owned by Ethiopians or foreign nationals of Ethiopian origin Diaspora
located outside of Ethiopia for more than one year.
3. Not listed as delinquent by the NBE for Cheque Mal-operation.
4. Not listed in any terrorist financing and/or money laundering blacklist.

How much will the bank finance for Diaspora Mortgage and/or Diaspora Vehicles Loan?

 Lion International Bank will finance up to 80% of the value of Mortgage and 60% of the
value of a Vehicle to be purchased.

All customers applying for any type of loan/facility shall fulfill the following general eligibility
criteria:

 All persons engaged in lawful trading activities and creditworthy business (es) is/are
eligible to borrow business loans.
 All persons who have defined and sustainable source of income are eligible to borrow
consumer loans.
 The business credit applicant should present renewed trade license for the current fiscal
year or investment license for new projects, principal registration certificate (for
companies) and others like municipal license, environmental certificate, and trade name
registration certificate, if appropriate.
 All applicants must present a tax identification number /TIN/ or tax exemption certificate
for all of their income. Besides, the following parties shall also present TIN:
 Individual applicants (Sole proprietorship and partnership) as well as his/her
spouse.
 Major shareholders who owns ≥10% of the total share in a Share Company’s or
PLC’s.
 Mortgagor’s and his/her spouse.
  If the shareholders who owns ≥10% of the total share in a share company’s or
PLC’s are minors, birth certificate/legally accepted evidence showing same must be
presented.
 Receive consent from the applicant and his/her/its guarantor to access their credit
information maintained with Credit Reference System (computerized credit reference
database system set up by the National Bank of Ethiopia).
 Receive from the applicants/borrowers and their guarantors (mortgagors and personal
guarantors) written and signed consents for the sharing of the borrowers’ and the
guarantors’ credit information among all other Banks.
 The applicant and/or any of its shareholders/subsidiaries shall fully settle any previous
loss to the Bank, if any. To this effect, internal records shall be thoroughly checked. The
applicant’s shareholders shall represent all shareholders in case of PLC while major
shareholders /top ten/ in case of Share Company.
 The applicant must have never been engaged in tax evasion, or in a breach of exchange
and control regulations, or in any other illegal/unlawful dealings, if the information is
available/the circulated record is available. Besides, written confirmation of the applicant
must be obtained using the standard form designed by the Bank.
 The applicant must have never been engaged in money laundering activities. Besides,
written confirmation of the applicant must be obtained using the standard form designed
by the Bank.
 The applicant must not have any record of mal-operation of the checking account in the
banking system until the rehabilitation period is expired. Besides, written confirmation of
the applicant must be obtained using the standard form designed by the Bank.
 The Customer Relationship Manager/Branch Manager or Loan Review and Recovery
Officer, as appropriate shall be responsible to request credit information for each credit
request from the Credit Information Centre.
 The applicant shall fulfil at least the required minimum equity contribution.
 The applicant and/or any of its major shareholders/subsidiaries must not have any non-
performing loans in any bank.
 The applicant’s business must be financially viable, legally acceptable, technically
feasible and environmental friendly.
 The applicant must be classified as Grade 1 or 2 or 3. However, in exceptional cases, new
or additional credit may be considered for other Grades, if such approval is to the
advantage of the Bank.
 Power of attorney, if any.
 Proforma invoices and catalogues from at least three acceptable suppliers, if needed.
 Sales contract, if necessary.
 Bid document or bid award letter, if necessary.
 Resident permit (for foreign borrowers).
 Copy of identity card/s of the applicant.
 Business plan.
 Financial statements.
 Forecasted financial statements (Cash flow, Balance Sheet and Income statement).
 Feasibility studies, if the purpose of the loan is for expansion or rehabilitation of the
existing project and for a new project.
 Ownership certificate/title deed/booklet for collateralize properties.
 Architectural plan (Original must be presented and kept in safe custody).
 Structural, Electrical and sanitary plans (originals and copies) shall be presented for G+1
and above buildings, and copies of each shall be verified by the Engineering Division and
kept in the loan file under the custody of the respective central processing center.
 Bill of quantity, construction permits and other relevant documents, if any must be
presented for construction project loans.
 Memorandum and articles of association, for PLCs and share companies.
 The applicant has to present all the documents/information demanded by the Bank.