Dashen Bank Reported 2.5 Billion Birr Revenue in 2014/15 Fiscal Year
Dashen Bank, one of private banks in Ethiopia has generated 2.5 billion Birr in revenue in the 2014/15 budget year, Capital reported.
Dashen Bank to Build Branches in Ethiopian Towns
Dashen Bank has contracted for the construction of two branches in the Ethiopian towns of Gondar and Dire Dawa. The 
construction projects are expected to cost a total of 103.5 million birr.
The construction of the Dashen branch in the Northern town of Gondar will be carried out by Orbit Engineering plc. The contractor won the project for 37.5 million birr and took charge of the building site last week.
Dashen Brewery Inaugurates New Plant in Ethiopia
Dashen Brewery Share Company’s second plant built in Amhara Regional State of Ethiopia was inaugurated on November 15, 2015, Fana Broadcasting Corporate reported.
DBE Pulls out of 1.52 Billion Birr Loan Agreement
The Development Bank of Ethiopia has pulled out of a 1.52 Billion Birr Loan agreement made with Habesha Cement according to sources.
The bank had approved the loan which was expected to cover more than 70 percent of the funding of the proposed cement factory more than a year ago.
The bank pulled out of the argument it had endorsed in September 2011 on the basis of its inability to disburse money at this time.Debre Birhan Committed to Enable 24 Factories Start Production This Fiscal Year
Debre Birhan city announced that it was working to enable 24 industries start production within the second half of the current fiscal year. The city made the same announcement in November last year.
