Development Bank of Ethiopia

Development Bank of Ethiopia is a leading financial institution in Ethiopia. As of the 2024 fiscal year, the bank reported total assets of ETB 182.12 Billion, with customer deposits reaching ETB 0.63 Billion. During the same period, it achieved a profit before tax of ETB 5.28 Billion. In terms of performance efficiency, Development Bank of Ethiopia delivered a Return on Assets (ROA) of 2.90% and a Return on Equity (ROE) of 13.26%. Explore the detailed profile below for comprehensive audited financials, historical performance trends, and peer comparisons.

Founded

1901

Ownership

State Owned Development Bank

SWIFT / BIC

DEETETAA

Website

dbe.com.et