ዶ/ር ዮሐንስ አያሌው የባንኩ ፕሬዚዳንት ሆነው ተሾሙ

የኢትዮጵያ ልማት ባንክ የሥራ አመራር ቦርድ በራሳቸው ፈቃድ መልቀቂያ ባስገቡት አቶ ኃይለየሱስ በቀለ ምትክ ዶ/ር ዮሐንስ አያሌውን ከመስከረም 04 ቀን 2013 ዓ.ም ጀምሮ የኢትዮጵያ ልማት ባንክ ፕሬዚዳንት አድርጎ ሾመ፡፡

 

ዶ/ር ዮሐንስ አያሌው

ዶ/ር ዮሐንስ የኢትዮጵያ ልማት ፖሊሲ ኢንስቲትዩት ዋና ዳይሬክተር እና የቀድሞው የኢትዮጵያ ብሔራዊ ባንክ ምክትል ገዥ የነበሩ ሲሆን እንዲሁ ከታህሳስ 15 ቀን 2011 ዓ.ም. ጀምሮ የኢትዮጵያ ልማት ባንክ የሥራ አመራር ቦርድ አባል በመሆን አገልግለዋል፡፡ ዶ/ር ዮሐንስ የባንኩ የቦርድ አባል በነበሩበት ጊዜ ባንኩ ተግባራዊ እያደረገ የሚገኘውን የአምስት ዓመት የሪፎርም ስትራቴጂክ እቅድ በመምራት እና እንዲሁም የተለያዩ ጥናቶች ላይ ከፍተኛ አስተዋጽዖ አበርክተዋል፡፡

 

 

ሕጻናት የቦንድ ግዥ መፈጸማቸውን ቀጥለዋል

በወ/ሮ አማካለች ከሊፋ አስተባባሪነት እና በወላጆቻቸው ድጋፍ ሕጻናት  በመጠናቀቅ ላይ ለሚገኘው ታላቁ የኢትዮጵያ ሕዳሴ ግድብ ግንባታ የቦንድ ግዥ በመፈጸም አስተዋጽዖ ማድረጋቸውን ቀጥለዋል፡፡

 

ሕጻናቱ የቦንድ ግዥውን የፈጸሙት ነሐሴ 27 ቀን 2012 ዓ.ም በባንኩ ዋናው መ/ቤት በአካል በመገኘት ነው፡፡

የባንኩ ተ/ም/ፕሬዚዳንት-ኮርፖሬት አገልግሎት አቶ ደሳለኝ ቦጋለ በዚህ ወቅት ግድቡ የሚሰራው ለነገ አገር ተረካቢ ለሆኑት የዛሬ ሕጻናት መሆኑን ገልጸው ድጋፉ በዚሁ ሁኔታ ተጠናክሮ እንዲቀጥል ለወላጆች የአደራ መልእክት አስተላልፈዋል፡፡

ከታላቁ ሕዳሴ ግድብ ሕዝባዊ ተሳትፎ አስተባባሪ ብሔራዊ ምክር ጽ/ቤት አቶ መሰለ ብሩ በበኩላቸው የኢትዮጵያ ልማት ባንክ ሁነቱን በማስተባበር ሕጻናቱን ለማበረታታት ያደረገውን አስተዋጽዖ አመስግነው፣ ሕጻናት በወላጆቻቸው መልካም እገዛ በዚህ የሀገራችንን የወደፊት እጣ ፈንታ በሚወስነው ታላቅ ፕሮጀክት ላይ በመሳተፋቸውም ደስ ሊላቸው እንደሚገባ ተናግረዋል፡፡

የሕጻናቱ አስተባባሪ ወ/ሮ አማከለች “ግድቡ የእኔ ነው!” በሚል መሪ ቃል እየተካሄደ ባለው የቦንድ ግዥ ዘመቻ ላይ ልጆቻቸውንና ጎረቤቶቻቸውን በማስተባበር የተካሄደ ቢሆንም የቦንድ ግዥው ሊፈጸም የቻለው ግን በልጆቹ በራስ ተነሳሽነት መሆኑን አብራርተው፤ ድጋፉም ከዚህ በተሻለ ለወደፊቱ ተጠናክሮ እንደሚቀጥል እምነታቸው እንደሆነ ገልጸዋል፡፡

ሕጻናቱ በአጠቃላይ የብር 40 ሺህ የቦንድ ግዥ መፈጸማቸው ታውቋል፡፡

 

 

DBE Registers Historically High Profit of Birr 1.13 Billion

Development Bank of Ethiopia (DBE) has registered outstanding net profit in the fiscal year 2019/20. Its total income generated is Birr 7.37 Billion and it is 111% of the plan target and it increased by 31% as compared with preceding year. The operating income/loss before tax of the Bank is Birr 1.27 Billion in the 2019/20 F.Y. All in all, during the year under review, the Bank gained a net income of Birr 1.13 Billion after provision and tax.

The historical high profit was disclosed by President of the Bank, Ato Haileyesus Bekele during the Annual Management Members Meeting held via video conference using Zoom platform on 21 & 22 August 2020 due to the wide-spreading of Corona Virus (COVID-19).

President of the Bank, Ato Haileyesus Bekele while chairing the meeting via video conference

 

During the meeting, performance report of the Bank by all districts, vice presidents and at the corporate level was presented and important discussion was held over by management members of the Bank.

According to the Report, the Bank approved Birr 10.4 Billion, disbursed Birr 8.54 Billion and collected Birr 7.7 Billion registering 76%, 71% and 98% of its planned target respectively during the fiscal year. Particularly, the Bank’s annual loan collection almost doubled as compared to previous year’s performance and its historical average performance.

The total loan portfolios of the Bank reached Birr 55.67 Billion and increased by 9% compared from previous year same period amount, Birr 51 Billion. While, NPLs ratio decreased by 4.6% compared from the previous year same period.

The Bank also sold Grand Renaissance Bond amounted to Birr 616.43 Million during the budget year under review.

 

During the meeting participants discussed operations of project and lease financing, bond sale, the reform related activities, financial, HR and other function’s performance of the Bank for the fourth quarter and the reporting year under review, challenges occurred such as COVID-19 and unrest, efforts to overcome the challenges, problems encountered, corrective measures taken, strengths and weaknesses evaluated and the way forward.

Finally, Ato Haileyesus Bekele appreciated all working units of the Bank at different levels for the successful achievements gained in the fiscal year and, he adding, this achievement should be continued more in next budget year by reducing NPLs, collection of loans and aggressively participate in bond sales.

In 2020/21 fiscal year, the Bank planned to approve Birr 10.09 Billion, disburse Birr 10.03 Billion and collect Birr 8.24 Billion as well as reduce NPL ratio to 25%.                                             

 Policy Banks, Proper Allies in Effort to stimulate Economy

                                                                                            (By Atsebaha Abay, This email address is being protected from spambots. You need JavaScript enabled to view it.)

These days there are a number of initiatives that mobilize billions of funds to address different socio-economic problems. Such funds are private sector development fund, competitiveness facility fund, covid-19 facility fund, green energy facility fund, etc. and are managed by different organizations mainly banks. Other types of funds such as economic stimulant fund are also poured by governments into banks in the name of saving jobs and improving income of the poor. It is common to read in financial literatures that banks are the lifeline of modern economies. However, based on their ownership structures, banks pursue different goals. Everywhere in the world, private banks are established by the rich and are primarily aimed at mobilizing savings from the public and channel it to the riches (i.e., for investment) and bring profit to the owners. Many of these banks tend to finance working capital and other risk free short term loans. That is why banks and other financial institutions are blamed by many as instrumental for making the rich getting more richer and widening the gap between the rich and the poor. This shows that all banks are not equal in their contribution for development.

On the economic side, governments are tasked with creating stable and well-functioning macroeconomic environment. To ensure these, governments develop and implement various macro-economic policies among which are the monetary policies. In turn, monetary policy specialists are aimed at achieving sustainably stable inflation rate, stabilizing interest rate, boosting long-term investments to attain full employment and inclusive growth. That is why monetary policy authorities (governments) establish policy banking (such as the Development Bank of Ethiopia, aka DBE) to bring change in the real economy through, among others, furnishing fresh and low cost loans to key economic sectors to bring faster and sustainable growth: creating new jobs, boosting foreign currency earning and financing SMEs to flourish and serve as a base for industrial development of the country.  That is why policy banking is considered as pro-poor ensuring inclusive growth.

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