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DEVELOPMENT BANK OF ETHIOPIA |
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Development Bank of Ethiopia
Status of Acquired
Assets at Head Office
As at January 31,2012
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Sr.
No. |
Client
name |
Type
of
acquired
assets |
Location |
Region |
Building
cost (Birr) |
Machinery
cost (Birr) |
Vehicle
cost (Birr) |
Others |
Total
Acquisition
Value |
Remark |
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Agriculture |
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1 |
Menagesha Flowers PLC |
Flower Farm |
Menagesha |
Oromiya |
7,680,270.39 |
3,427,831.53 |
997,198.00 |
- |
12,105,299.92 |
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2 |
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1,190,000.00 |
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Industry |
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1 |
G/ Tsadik
Tesfu |
Metal & Wood
Work
Machinery |
Kality store |
Addis Ababa |
- |
566,673.00 |
- |
- |
566,673.00 |
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2
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Dr. Fantaye
Yimam |
Pasta & Macoroni
Factory |
Gelan |
Addis Ababa |
6,214,531.49 |
51,288,034.42 |
- |
- |
57,502,565.91 |
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3
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Green Star |
Food Processing |
D/Zeit |
Addis
Ababa |
5,671,020.16 |
37,565,020.65 |
419,904.75 |
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43,655,945.56 |
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4
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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 |
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Vehicles |
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1 |
Mekbib Tufa |
Vehicle pl. no. 3-21314 Nissan UD |
Kaliti |
Addis Ababa |
- |
- |
105,000.00 |
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105,000.00 |
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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)
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Financed by DBE




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