Hibret Bank head office building at a cost of over 2.7 billion birr inaugurated

Date:

Share post:

The construction of the Hibret Bank head office building, which cost more than 2.7 billion birr, was completed in the presence of the President of the Federal Democratic Republic of Ethiopia, Sahlework Zewde.

The 37-storey Hibret Bank headquarters is also known as the Union Tower.

The inauguration ceremony was attended by FDRE President Woro Sahlework Zewde, Foreign Ministry Spokesperson Ambassador Dina Mefti, Governor of the National Bank Dr. Yinger Dessie, senior shareholders of the Bank, shareholders and Presidents of the Bank.

President of the Bank, Melaku Kebede, said the construction of the building took six years to complete.

He also said that the construction of the Cooperative Tower will not only reduce the cost of rent but also enable the customers of the bank to access fast and efficient services in one place.

Melaku also thanked the bank’s management and customers who have the backbone of the Union Bank.

 

Addis Insight
Addis Insighthttps://addisinsight.net/
Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with the latest news from Ethiopia and its diaspora. We provide marketers with innovative opportunities to leverage our stories and overall brand with a fiercely curious and highly engaged audience.

1 COMMENT

  1. Is it the construction or the inaguration that is competed in the presence of the president? Check your first sentence.

Comments are closed.

Related articles

From Birthrights to Aid Freezes: Ethiopia Caught in Trump’s Policy Crossfire

On January 20, 2025, President Donald Trump issued a series of executive orders that have significant implications for...

Marcus Samuelsson’s Latest Creation, The Adwa Dish, Redefines the Global Food Scene

Marcus Samuelsson’s upcoming addition to the Marcus Addis menu, Adwa, is more than just a culinary creation—it’s a...

Ethiopia’s Debt Reaches $68.86 Billion: What’s Next

Ethiopia’s Debt Reaches $68.86 Billion: Insights from the Ministry of FinanceEthiopia’s public debt has reached a total of...

Ethiopia’s Coffee Exports Hit $988 Million in Six Months, Powered by Nekmet’s Global Surge

Key TakeawaysEthiopia exports 240,260 tons of coffee in six months, hitting 153% of planned volumeRevenue totals $988 million,...