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Development Bank of Ethiopia

Status of Acquired Assets at Head Office

As at January 31,2012

Sr.
No.

Client name

Type of
 acquired
assets

Location

Region

Building cost (Birr)

Machinery cost (Birr)

Vehicle cost (Birr)

Others

 Total      Acquisition
Value

Remark

 

Agriculture

 

 

 

 

 

 

 

 

 

1

Menagesha Flowers PLC

Flower Farm

Menagesha

Oromiya

  7,680,270.39

      3,427,831.53

    997,198.00

                -  

  12,105,299.92

 

2

    

        

 

 

    1,190,000.00

 

 

Industry

 

 

 

 

 

 

 

 

 

1

G/ Tsadik Tesfu

Metal & Wood
 Work  Machinery

Kality store

Addis Ababa

                      -  

         566,673.00

                    -  

                -  

        566,673.00

 

2

Dr. Fantaye Yimam

Pasta & Macoroni Factory

Gelan

Addis Ababa

  6,214,531.49

   51,288,034.42

                    -  

                -  

  57,502,565.91

 

3

Green Star

Food Processing

D/Zeit

Addis Ababa

  5,671,020.16

   37,565,020.65

    419,904.75

 

  43,655,945.56

 

4

Gondar cotton Ginning

Gondar cotton Ginning

Gondar

Amhara

  6,812,134.35

      1,882,129.00

        6,055.00

 11,909.00

    8,712,227.35

 

 

Vehicles

 

 

 

 

 

 

 

 

 

1

Mekbib Tufa

Vehicle pl. no. 3-21314 Nissan UD

Kaliti

Addis Ababa

                      -  

                          -  

    105,000.00

 

        105,000.00

 

Further detail information on Acquired assets can be obtained from Project Rehabilitation and Loan Recovery Sub-process - Property Administration Team (Tel. +251-11-551-11-88 Ext. 305 or 311      and  +251-11-520452/538937)

 

Financed by DBE










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