Adama Science & Technology University has signed MoU with Oromia Bank and Awash Bank to facilitate loan services for staff members. The university management sought to find out the packages on offer from banks. The banks were requested to present their offers. The banks presented their proposals/packages to the members of managing council of the university. Accordingly, the banks offered proposal for houses, cars and furniture in details.
The management of the university welcomed these offers citing that facilitating the loans for staff members will boost staff motivation thereby creating conducive university working environment. It is hoped that the packages will help ASTU community alleviate some of the economic hurdles.