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Get to know Development Bank of Ethiopia

The Development Bank of Ethiopia (DBE) is a specialized state-owned development financial institution. Originally established in 1909 as the "Society for the Promotion of Agriculture and Trade," it has evolved through various names and mandates to become the country's primary policy bank. DBE's mission is to accelerate Ethiopia's economic growth by providing accessible and sustainable development finance for viable projects in priority sectors such as commercial agriculture, agro-processing, manufacturing, and extractive industries. It plays a crucial role in implementing the government's development agenda by financing long-term investments that private commercial banks may be reluctant to support.

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Development Bank of Ethiopia

Ethiopia

Founded in

1909 (117 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

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DFSA

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A Grade License

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B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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