Running the Mortgage Marathon: Goh Betoch's CEO Speaks

Girum Tsegaye Kassa, CEO of Ethiopia's first private mortgage bank, discusses the obstacles preventing long-term lending in the country, chiefly insufficient long-term funding sources compounded by National Bank of Ethiopia caps on such loans. The bank is pivoting toward commercial and short-term lending while expanding branches to build retail deposits. Kassa advocates for government-backed housing funds and policy support to eventually restore sustainable mortgage lending to middle- and low-income Ethiopians.