CBE plans to extend over 100 billion birr in loans this fiscal year.
This funding targets the private sector, agriculture input suppliers, and public enterprises.The government’s temporary debt ban has been lifted.
Ending the three-month ban allows banks to resume lending activity across sectors.25 billion birr is allocated for private businesses.
A further 30 billion birr will support agricultural inputs, with the remainder for public enterprises.CBE leadership says loans will stimulate the economy.
Expanded credit access is expected to increase investment and job creation nationwide.Financing aims to restart suspended projects.
Release of loan funds is intended to complete stalled initiatives and generate employment.
News - Financial
CBE plans to extend over 100 billion birr in loans this fiscal year
