Debub Global Bank

Debub Global Bank S.C. (DGB) joined the finance industry as the 15th private commercial bank to provide quality banking services with enhanced customer service, higher value creation for stakeholders and to be a responsive corporate social citizen by effectively blending commercial pursuit with social responsibility. The Bank received its license from the National Bank of Ethiopia on April 20, 2012. However, it started rendering financial services on August 28, 2012 after fulfilling pre- operational requirements of the National Bank of Ethiopia (license no LLB/018/2012). At the date of incorporation, of the total capital subscribed by shareholders, Birr 138.9 million was fully paid in cash while the remaining balance of 128 million will be raised within 2012/13 fiscal year; thus making the total capital of the Bank Birr 266.9 million. Moreover, the Bank has planned to raise its paid up capital to Birr 1,000,000,000 in the coming 5 years.