Development Bank of Ethiopia Aims to Disburse 112 Billion Birr Loan
Development Bank of Ethiopia (DBE) announced it aims at extending 112 billion Birr loan during the second Growth and Transformation Plan (GTP II) period.
Development Bank of Ethiopia (DBE) announced it aims at extending 112 billion Birr loan during the second Growth and Transformation Plan (GTP II) period.
The Development Bank of Ethiopia (DBE) allocated Birr 4 billion to support novice inventors. The bank announced that it might increase the current budget if it received a wide range of applications.
The Development Bank of Ethiopia (DBE) announced it has amended its credit policy, Fana Broadcasting Corporate (FBC) reported.
The Development bank of Ethiopia approved 5.1 billion birr in loans to a range of investment projects in the last eight
months of the Ethiopian Financial year.
The amount of money loaned by the bank is 2.8 billion birr more than the credit offered during the same period last year according to Tadesse Hatiya, Vice President for Credit Services with the bank. The bank expects to loan a total of 5.4 billion birr in this fiscal year.

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.