January 15, 2022
Addis Insight
Hibret Bank head office building at a cost of over 2.7 billion birr inaugurated
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.
Tags
hibret bank
hibret bank headquarter
1 COMMENT
Getachew
January 15, 2022 At 2:43 pm
Is it the construction or the inaguration that is competed in the presence of the president? Check your first sentence.
Is it the construction or the inaguration that is competed in the presence of the president? Check your first sentence.
Comments are closed.
No comments yet. Be the first to leave a comment!
Meet Emebet Mehabaw: Ethiopia’s First Woman Selected to Travel to Space in 2029
September 10, 2025

A Nation Off the Same Page
August 16, 2025

In Ethiopia, Cancer Claims Thousands—and Most Go Untreated
August 09, 2025

In Ethiopia’s Oral Culture, Misinformation Finds a Digital Megaphone
August 02, 2025

After the storm: An old virus, new Frontline
July 26, 2025

Broken Reins
July 19, 2025
Silenced by Techno-patriarchy
February 28, 2025
From Catcalling to Femicide: The Violence We’ve Learned to Survive
December 09, 2024
Ethiopia’s Fashion Stars Shine in Creative DNA: Ethiopia 2.0
December 03, 2024
Navigating Dubai’s Real Estate Market: Insights from Ethiopian Property Consultant Samrawit A. Kassaye
October 18, 2024
Unlocking Ethiopia’s Gemstone Potential: Haimanot Sisay’s Journey as the First Gemstone School Founder
September 25, 2024
October 27, 2025
How ICare Is Building an Inclusive E-Commerce Revolution in Ethiopia
October 24, 2025
Ethiopia Capital Market Authority Tightens Exchange Oversight
October 24, 2025
NBE Issues Directive to Prevent Use of Personal or Third-Party Accounts for Commercial Transactions
September 30, 2025
CBE’s New Service Fees Spark Outcry as 50 Birr Charges Hit Small Transfers
September 30, 2025
Abyssinia Bank Reports Record Growth: Total Assets Surge to 286.2 Billion Birr
September 30, 2025
Ethiopia Opens Restricted Eurobond Talks in Paris as Debt Restructuring Gains Momentum
September 30, 2025
Visa, SantimPay to Deploy 20,000 POS Terminals in Ethiopia
September 29, 2025
Ethiopia 2025: U.S. Report Flags Reforms and Corridor Risks
© Copyright 2025 Addis News. All rights reserved.