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ATN REPORTBusinessEthiopia
Funding Bottleneck Forces Goh Betoch To Halt Mortgages As National Housing Fund Takes Shape
According to The Reporter Ethiopia, Goh Betoch Bank, Ethiopia’s sole specialized mortgage lender, is forced to pull the brake on long-term mortgage lending after its loan-to-deposit ratio soared to an unsustainable level.
ATN REPORTING
What happened
Goh Betoch Bank, Ethiopia’s sole specialized mortgage lender, is forced to pull the brake on long-term mortgage lending after its loan-to-deposit ratio soared to an unsustainable level.
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Why it matters
No verified analysis is available for this report.
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