Wednesday, May 29, 2024
HomeEthiopian VideoEthiopia to introduce new arrangement for bank loan

Ethiopia to introduce new arrangement for bank loan


The National Bank of Ethiopia on Sunday announced that it will soon make new loan arrangement available for Ethiopians with movable  assets, including cattle. 

According to Yinager Dessie, Governor of the National Bank of Ethiopia, the government is set to announce a proclamation about it soon. 

Ethiopian State media cited him as saying that the arrangement is poised to benefit pastoralists and farming communities in the country. 

It is also said that only 330,000 people have benefited from bank loans. 

Video : embedded from EBC YouTube channel
Cover photo : screenshot from the video


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