YeEthiopia Diaspora Bank YeEthiopia Diaspora Bank YeEthiopia Diaspora Bank YeEthiopia Diaspora Bank YeEthiopia Diaspora Bank

YeEthiopian Diaspora Bank Share Company/Under Formation/

The government of Ethiopia is pursuing a diversified range of Economic and social reform measures thereby to bring broad-based, accelerated and sustained economic growth and development. However, due to macroeconomic development gaps mainly foreign currency shortages,the momentum of economic transformation isnot yet accelerated to the development needs of the country at large.

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On top of that, to minimize the structural currency shortages and problems;and broadly to serve as a spring board to accelerate the economic growth and development of the country, the establishment of the Bank is found to be highly significant and feasible. On that episode,the macroeconomic demand driven development needs of a country, the untapped economic potential of the Ethiopian Diasporas all over the world and their ambition to participate in economic development endeavor of their country are the deriving factors for the establishment of the Bank.

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The Road-Map to the establishment of the Bank is significantly based on the pillars of the national vision of the country and the need for designing and implementing a world classBank as a Blueprint. The bank will be established with the vision of “Realizing a World Class Bank Worthing One Billion USD”.

To realize this vision the establishment of the bank is objectively designed to provide High-Tech international banking services to feasible Broad-based and Mega-growth and Development projects thereby to realize the national vision of the country of becoming a low-middle income by 2030 .

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