Ethiopian Airlines has secured a 27.8 billion birr loan from the Commercial Bank of Ethiopia to fund a large-scale housing programme for its employees, marking a continuation of the carrier’s efforts to address staff welfare. The financing will support home construction for five thousand employees in the second phase of a broader initiative covering 20 thousand staff. The first phase delivered housing to 1,200 employees, while the second phase is expected to require an investment of 500 million US dollars. Commercial Bank of Ethiopia, which predates Ethiopian Airlines by three years, said the facility aligns with its strategy of supporting projects with long-term social and economic value. Ethiopian Airlines described the programme as a key component of its employee welfare strategy, aimed at easing housing pressures and improving retention among its workforce.

Source: Ethiopian News December 23, 2025 16:50 UTC