Development Bank of Ethiopia (DBE) called off its low interest rate loan. The loan scheme was given for exporters and investors engaged in import substitution. Even if most banks in Ethiopia give loans at a rate of 12 percent, DBE’s low interest rate loan was served with 9 and 8 percent.
Development Bank of Ethiopia (DBE) plans to extend more than 2 billion Birr as loan for large-scale agriculture investments. The loan is expected to be disbursed until end of June.
Development Bank of Ethiopia (DBE) has planned to lend 9.4 billion Birr to graduates from technological and vocational training institutions and to enterprises set to transfer to medium industries in the coming five years.
Development Bank of Ethiopia (DBE) has announced it will resume extending loan for rain fed commercial farming. The bank is going to restart the program starting from February 1, 2017.
Development Bank of Ethiopia (DBE) appointed two new vice presidents and got the approval from the National Bank of Ethiopia (NBE).
