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.