{"id":14826,"date":"2022-08-07T16:54:12","date_gmt":"2022-08-07T16:54:12","guid":{"rendered":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan"},"modified":"2022-08-07T17:11:24","modified_gmt":"2022-08-07T17:11:24","slug":"devt-bank-of-ethiopia-collects-about-11-billion-birr-loan","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan","title":{"rendered":"Dev\u2019t Bank of Ethiopia Collects About 11 Billion Birr Loan"},"content":{"rendered":"

Africa-Press – Ethiopia. <\/strong><\/span>\/The Development Bank of Ethiopia has announced that it has collected some 10 .9 billion Birr from the loans it offered to customers during the just concluded fiscal year.<\/p>\n

The bank was also able to bring down the level of bad loans to 17 percent, excluding projects in the Tigray region.<\/p>\n

President of the Bank, Dr. Yohannes Ayaleu told to ENA the fact that several projects in Tigray went into bad debt have been making the year challenging for the bank.<\/p>\n

However, he said that the bank took quick changes to mitigate the problem and was able to reduce the bad loan level in 2021 from 15 billion birr to 9 billion birr in the fiscal year excluding Tigray.<\/p>\n

According to him, the bank collected nearly 11 Billion Birr from loans and earned a profit of 3.8 billion Birr during the fiscal year.<\/p>\n

The bank has planned to collect 14 billion Birr from loans in the up coming fiscal year by strengthening its effort.<\/p>\n

Similarly, the bank has also set to bring down the level of bad loans from 17 percent in the previous fiscal year to 10 percent in the current fiscal year.<\/p>\n

For More News And Analysis About Ethiopia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ethiopia. \/The Development Bank of Ethiopia has announced that it has collected some 10 .9 billion Birr from the loans it offered to customers during the just concluded fiscal year. The bank was also able to bring down the level of bad loans to 17 percent, excluding projects in the Tigray region. President […]<\/p>\n","protected":false},"author":84,"featured_media":14825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[233,277,1048,235],"class_list":["post-14826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-ethiopia-2","tag-bank-of-ethiopia","tag-ethiopia"],"yoast_head":"\nDev\u2019t Bank of Ethiopia Collects About 11 Billion Birr Loan - Ethiopia<\/title>\n<meta name=\"description\" content=\"\/The Development Bank of Ethiopia has announced that it has collected some 10 .9 billion Birr from the loans it offered ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dev\u2019t Bank of Ethiopia Collects About 11 Billion Birr Loan\" \/>\n<meta property=\"og:description\" content=\"\/The Development Bank of Ethiopia has announced that it has collected some 10 .9 billion Birr from the loans it offered ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan\" \/>\n<meta property=\"og:site_name\" content=\"Ethiopia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-07T16:54:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-07T17:11:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_16.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"656\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Dev\u2019t Bank of Ethiopia Collects About 11 Billion Birr Loan\",\"datePublished\":\"2022-08-07T16:54:12+00:00\",\"dateModified\":\"2022-08-07T17:11:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan\"},\"wordCount\":205,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_16.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ethiopia\",\"Bank of Ethiopia\",\"ethiopia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan\",\"url\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan\",\"name\":\"Dev\u2019t Bank of Ethiopia Collects About 11 Billion Birr Loan - Ethiopia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_16.jpg\",\"datePublished\":\"2022-08-07T16:54:12+00:00\",\"dateModified\":\"2022-08-07T17:11:24+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"\/The Development Bank of Ethiopia has announced that it has collected some 10 .9 billion Birr from the loans it offered ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_16.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_16.jpg\",\"width\":1000,\"height\":656,\"caption\":\"Dev\u2019t Bank of Ethiopia Collects About 11 Billion Birr Loan\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/ethiopia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dev\u2019t Bank of Ethiopia Collects About 11 Billion Birr Loan\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/ethiopia\/\",\"name\":\"Ethiopia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/ethiopia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Dev\u2019t Bank of Ethiopia Collects About 11 Billion Birr Loan - Ethiopia","description":"\/The Development Bank of Ethiopia has announced that it has collected some 10 .9 billion Birr from the loans it offered ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan","og_locale":"en_US","og_type":"article","og_title":"Dev\u2019t Bank of Ethiopia Collects About 11 Billion Birr Loan","og_description":"\/The Development Bank of Ethiopia has announced that it has collected some 10 .9 billion Birr from the loans it offered ...","og_url":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan","og_site_name":"Ethiopia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-08-07T16:54:12+00:00","article_modified_time":"2022-08-07T17:11:24+00:00","og_image":[{"width":1000,"height":656,"url":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_16.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Dev\u2019t Bank of Ethiopia Collects About 11 Billion Birr Loan","datePublished":"2022-08-07T16:54:12+00:00","dateModified":"2022-08-07T17:11:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan"},"wordCount":205,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_16.jpg","keywords":["Africa Press","Africa Press-Ethiopia","Bank of Ethiopia","ethiopia"],"articleSection":["all news","economy","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan","url":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan","name":"Dev\u2019t Bank of Ethiopia Collects About 11 Billion Birr Loan - Ethiopia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_16.jpg","datePublished":"2022-08-07T16:54:12+00:00","dateModified":"2022-08-07T17:11:24+00:00","author":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"\/The Development Bank of Ethiopia has announced that it has collected some 10 .9 billion Birr from the loans it offered ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#primaryimage","url":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_16.jpg","contentUrl":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2022\/08\/postQueueImg_16.jpg","width":1000,"height":656,"caption":"Dev\u2019t Bank of Ethiopia Collects About 11 Billion Birr Loan"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/devt-bank-of-ethiopia-collects-about-11-billion-birr-loan#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/ethiopia\/"},{"@type":"ListItem","position":2,"name":"Dev\u2019t Bank of Ethiopia Collects About 11 Billion Birr Loan"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/ethiopia\/#website","url":"https:\/\/www.africa-press.net\/ethiopia\/","name":"Ethiopia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/ethiopia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/posts\/14826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/comments?post=14826"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/posts\/14826\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/media\/14825"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/media?parent=14826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/categories?post=14826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/tags?post=14826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}