Abay Bank Grants 200 mln Birr Loan to Dessie City Administration for Road Infrastructure Development Machineries Procurement

Abay Bank Grants 200 mln Birr Loan to Dessie City Administration for Road Infrastructure Development Machineries Procurement

Dessie City Administration has received Birr 200 million loan from Abay Bank S.C. for the procurement of road infrastructure development machineries.   

 

On the occasion held to handover the machineries, Yonas Tesfaye, Abay Bank’s Dessie District Manager, said that Abay Bank is aggressively providing credit facilities to grand projects and immensely executing its corporate social responsibilities by supporting different development endeavors. The 200 million Birr granted loan to the Dessie City Administration is a concrete example of the case, he added

Girma Eshetu, Dessie City Administration Finance Office Head on his part extended his gratitude to Abay Bank for assuring its development partnership by granting 200 million Birr loan.

Abay Bank is demonstrating its support by fostering the economic development of the country by providing credit services to industries, manufactures, hotel, tourism and other sectors development projects.      

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