Abay Bank Grants 220 mln Birr Loan to Kombolcha City Administration for Road Infrastructure Development Machineries Procurement

Abay Bank Grants 220 mln Birr Loan to Kombolcha City Administration for Road Infrastructure Development Machineries Procurement

Abay Bank S.C. has granted 220 million Birr loan to Kombolcha City Administration for procurement of road infrastructure development machineries.

Kombolcha City Administration has received the machineries which were bought by the 220 million Birrr loan granted from Abay Bank. 

The City Administration has extended its gratitude to Abay Bank for assuring its development partnership by granting the loan.

Abay Bank is aggressively providing credit facilities to grand projects and immensely executing its corporate social responsibilities by supporting different development endeavors nationwide. It is to be recalled that most recently, the bank has granted 200 million Birr loan to Dessie City Administration is a concrete example.   

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