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Ethiopia , Monday 01 June 2026

Dev’t Bank of Ethiopia Collects About 11 Billion Birr Loan

Published on: Saturday 06 August 2022

Dev’t Bank of Ethiopia Collects About 11 Billion Birr Loan Addis Ababa August 7/2022 /ENA/The Development Bank of Ethiopia has announced that it has collected some 10 .9 billion Birr from the loans it offered to customers during the just concluded fiscal year.The bank was also able to bring down the level of bad loans to 17 percent, excluding projects in the Tigray region.President of the Bank, Dr. Yohannes Ayaleu told to ENA the fact that several projects in Tigray went into bad debt have been making...



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