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Lull) : Toyotr.A by Habtamu Kochito Gebremedhin is a document available to read on EtoBox.

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Proclamation No. 65/1997 amends the Civil Code of Ethiopia to facilitate the efficient collection of loans by allowing banks to sell collateral through public auction after providing a 30-day notice to the pledger. The amendment aims to improve the banking business by expediting the sale of collateral and ensuring that banks can recover loans more effectively. This proclamation is effective as of February 27, 1997.

Author

Habtamu Kochito Gebremedhin

Language

EN