Tag Archives: commercial bank of ethiopia

Loans to govt projects by Commercial Bank of Ethiopia reaches 14.5B USD

ESAT News (June 5, 2018) Loans to various government run projects by the Commercial Bank of Ethiopia (CBE) has reached a whooping 14.5 Billion USD; and despite their maturity, no payment has been made by borrowers, according to ESAT sources. Major among the borrowers is the Ethiopian Electric Power Corporation (EEPCO) which has borrowed about 10 Billion dollars for feasibility ...

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