Ethiopian Development Bank

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name: Ethiopian Development Bank

hot: 621



The Development Bank of Ethiopia (DBE) is a state-owned development financial institution supervised by the Ethiopian Public Financial Enterprise Agency.

The Ethiopian Development Bank is the first development financial institution in Ethiopia. Its purpose is to assist in the development of industrial and agricultural production; and to promote private capital investment and production.

The Ethiopian Development Bank was established in 1909 and is headquartered in Addis Ababa, Ethiopia. It has 110 branches, the chairman of the board of directors is Shiferaw Shigute, net income is 37,520,041.6 million birr, and a total of 2,400 employees.

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