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3rd Quarter Management Meeting Held
Development Bank of Ethiopia held its Third Quarter Management Members Meeting on 22 April 2018 here in Addis Ababa at the Capital Hotel and Spa.
Representing the Bank’s President, Ato Teshome Alemayehu heading the meeting while Director of the Strategy, Change and Communication Directorate and Vice Presidents presented Third Quarter Performance Report of the Bank in general and their working units in particular, respectively and they thoroughly discussed on the over and under achievements of the Bank.
According to the report, as part of the Bank’s Comprehensive Transformation Project, several change initiatives were conducted. These change activities may take different forms as part of the broad DBE’s transformation program or to address specific issues. In this regard, different discussion forums with various stakeholders were carried out in preparing Terms of Reference (TOR). As a result, compared to the preceding year same period, performance of the Bank in the incumbent quarter is increasing even though low performance is shown in some districts.
During the quarter under review, the report indicated that the Bank registered cumulative performance 81.5% labelling “Satisfactory” both in project and lease financing schemes.
Furthermore the report found during the specified time the Bank approved Birr 4.34 billion, disbursed birr 1.94 billion and collected birr 1.37 billion from project and lease financing services.
The Bank also sold close to Birr 371 million Grand Ethiopian Renaissance Dam (GERD) Bond during the reporting period and Birr 1.38 billion in nine months, which show over achievements from set target, according to the report.
Ato Teshome, who is also Vice President of the Small and Medium Enterprises Financing, finally stressed all the management members of the Bank working in different positions particularly in some districts and branches to work hard to maintain sustainability of the Bank by reducing NPLs, paying attention on follow up on the project and lease financing services.
የ1 ሚሊዮን ብር የቦንድ ግዥ ተፈጸመ
ካም ሴራሚክስ ፕሮዳክት ኃላ.የተ.የግ.ማ. በኢትዮጵያ ልማት ባንክ ዋናው መ/ቤት በመገኘት ሚያዝያ 09 ቀን 2010 ዓ.ም. የአንድ ሚሊዮን ብር ቦንድ ገዛ፡፡
በዕለቱ የታላቁ ህዳሴ ግድብ ቦንድ ሰርተፊኬት ርክክብ ተደርጓል፡፡
የቦንድ ሽያጭ ሣምንት በይፋ ተጀመረ
የታላቁ ህዳሴ ግድብ ግንባታ የመሠረት ድንጋይ የተጣለበት ሰባተኛ ዓመት የሕዳሴ ቦንድ ሽያጭ ሣምንት መጋቢት 10 ቀን 2010 ዓ.ም. በአዲስ አበባ አራዳ ጊዮርጊስ ምኒልክ አደባባይ በይፋ ተከፈተ።
ባንኩ የብድር ውል ስምምነት ተፈራረመ
የኢትዮጵያ ልማት ባንክ ከሶስት የንግድ ባንኮች እና አንድ ማይክሮ ፋይናንስ ተቋም ጋር የብር 152 ሚሊዮን የብድር ውል ስምምነት መጋቢት 03 ቀን 2010 ዓ.ም በዋናው መ/ቤት ተፈራርሟል፡፡
የብድር ስምምነቱ የተካሄደው ከእናት ባንክ፣ ሕብረት ባንክ እና ብርሃን ባንክ ሲሆን ከማክሮ ፋይናንስ ተቋማት መካከል ደግሞ ከአዲስ ብድርና ቁጠባ አ.ማ. ጋር ነው፡፡