Ethiopia: Oromia Savings Distributes 6.7b Br in Loans



Oromia Credit & Saving S.C. has spent 6.7 billion Br in the past fiscal year and has reached 70% of its target.

The company has provided loans to 760,000 farmers, livestock farmers, low-income residents, small businesses and new graduates.

In the same period, the institution received 5.8 billion Br from savings, an increase of 38 percent compared to its performance two years ago.

The overall performance of the institution last year, based on an internal heading, showed a 12th increase compared to two years ago. The bank has opened 42 new branches, increasing the total number of stores to 375.


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Ethiopia: Oromia Savings Distributes 6.7b Br in Loans



Oromia Credit & Saving S.C. has spent 6.7 billion Br in the past fiscal year and has reached 70% of its target.

The company has provided loans to 760,000 farmers, livestock farmers, low-income residents, small businesses and new graduates.

In the same period, the institution received 5.8 billion Br from savings, an increase of 38 percent compared to its performance two years ago.

The overall performance of the institution last year, based on an internal heading, showed a 12th increase compared to two years ago. The bank has opened 42 new branches, increasing the total number of stores to 375.


Source link

Ethiopia: Oromia Savings Distributes 6.7b Br in Loans



Oromia Credit & Saving S.C. has spent 6.7 billion Br in the past fiscal year and has reached 70% of its target.

The company has provided loans to 760,000 farmers, livestock farmers, low-income residents, small businesses and new graduates.

In the same period, the institution received 5.8 billion Br from savings, an increase of 38 percent compared to its performance two years ago.

The overall performance of the institution last year, based on an internal heading, showed a 12th increase compared to two years ago. The bank has opened 42 new branches, increasing the total number of stores to 375.


Source link

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