Ethiopian Investment Holdings (EIH) conducted a half year performance review with the Development Bank of Ethiopia (DBE) to assess its accomplishments for the 2024/2025 fiscal year. EIH announces that DBE generated 7.42 billion birr in revenue, a 24.7pc increase compared to the same period of last year. The bank also collected 11.29 billion birr in loans, exceeding its target by 109.7pc and growing by 71.2pc from the previous period. EIH lauded DBE’s progress and provided strategic guidance to strengthen foreign currency generation, fund mobilization, reduce non-performing loans (NPL), and increase overall profitability. DBE President Emebet Melese noted that the bank is revising its lending procedures to meet an increasing demand for lease financing prioritizing loans for strategic sectors. 𝗘𝗱𝗶𝘁𝗼𝗿𝘀' 𝗡𝗼𝘁𝗲: 𝗧𝗵𝗶𝘀 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 𝗵𝗮𝘀 𝗯𝗲𝗲𝗻 𝗮𝗺𝗲𝗻𝗱𝗲𝗱 𝗳𝗿𝗼𝗺 𝗶𝘁𝘀 𝗼𝗿𝗶𝗴𝗶𝗻𝗮𝗹 𝗳𝗼𝗿𝗺 𝗼𝗻 𝗠𝗮𝗿𝗰𝗵 𝟭𝟭, 𝟮𝟬𝟮𝟱.