Sinopia News Top

Banking and Finance

Development Bank of Ethiopia Commits Birr 20.4 Billion for SMEs

Development Bank Logo 11

During the current Ethiopian fiscal year, the Development Bank of Ethiopia (DBE) has committed to offering loans exceeding Birr 20.4 billion Birr to small and medium-sized enterprises (SMEs). DBE has been actively involved in supporting SMEs by providing both financial assistance and training, recognizing the sector's potential to contribute to the national economy.

Add a comment Add a comment
Read more...


Ethiopia: Dashen Bank Receives USD 40 Million from International Loan

dashen-bank-logo

Dashen Bank, one of Ethiopia's largest banks, has received a USD 40 million loan from the British International Investment (BII) and the Dutch Entrepreneurial Development Bank (FMO). The loan will help Dashen Bank strengthen its export lending capabilities and support agricultural product exporters by facilitating the purchase of new machinery.

Add a comment Add a comment
Read more...



https://solfet.com/