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://www.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

IMF and Ethiopia Reach Staff-Level Agreement on $468 Million Disbursement Amid Promising Economic Reforms

International Monetary Fund (IMF) and senior Ethiopian government officials have reached a crucial staff-level agreement that will pave...

Ethiopian Airlines to Resume Kuwait Flights in June Following Middle East Cancellations

ADDIS ABABA – Ethiopian Airlines, Africa’s largest aviation group, has officially announced the upcoming resumption of its passenger...

Why Spiro’s $215M Entry into Ethiopia Changes Africa’s EV Race

The arrival of Spiro into Ethiopia, fueled by a landmark $215 million equity raise, marks a critical expansion...

Addis Ababa Unveils Massive Eco-Tourism and Urban Restoration Project at Entoto Kechene

The Entoto Kechene River Catchment Development Project: Addis Ababa's New Destination for Nature, Culture, and Tourism As part of...