Eritrean Investment and Development Bank
The Eritrean Investment and Development Bank (EIDB) is a bank in Eritrea. It was established on 28 October 1996. It did not effectively begin operations until 1998 from its single office in Asmara, Eritrea. The bank was fully financed by the Ministry of Finance, and thus the financial institution is a property of the Eritrean government.[1]
![](http://upload.wikimedia.org/wikipedia/commons/thumb/2/2d/Eritrean_Iinvestment_and_Development_Bank.jpg/220px-Eritrean_Iinvestment_and_Development_Bank.jpg)
Street view of the building
The Eritrean Investment and Development Bank is the smallest of Eritrean government-owned banks. It typically finances development projects by funneling funds from various other organizations, including the Bank of Eritrea and the World Bank.
See also[]
- Banking in Eritrea
References[]
- ^ Rena, Ravinder (2006). Financial Institutions in Eritrea. New Africa Press. ISBN 0-9802534-8-9.
Categories:
- Banks of Eritrea
- Companies of Eritrea
- Government of Eritrea
- Banks established in 1996
- Organisations based in Asmara
- 1996 establishments in Eritrea
- Eritrea stubs
- African bank stubs