Goh Betoch Bank S.C, the first mortgage Bank, opens its third branch around Lebu Mebrat taking the area name “Lebu”.
After granting banking license from National Bank of Ethiopia (NBE) in August, the opening of Lebu Branch will be a remarkable step that will support the Banks initiative of increasing its accessibility. This Branch is expected to be an alternative outlet for customers.
It is well recalled that the first and Second branches of the bank were opened around Japan Embassy and Dire Dawa City Administration. The bank will highly focuse on mortgage services that will grant long term loan for Purchase, Construction, and Renovation of houses. Additionally, Goh expected to conduct other commercial banking services besides mortgage financing.