Debub Global Bank S.C. is one of the private banks established in August 2012 with a subscribed capital of Birr 266.9 Million and with a paid-up capital of Birr 138.9 million. The company has a legal entity registered with the licensing and supervisory body of the National Bank of Ethiopia in accordance with proclamation No-592/2000.
The Paid-up capital of the bank has reached Birr 1.5 billion in the past few years due to the confidence of its shareholders and its focus on capital growth. The bank still offers its shares for sale. The paid-up capital of the bank grew from Birr 138.9 million to Birr 1.5 billion and the subscribed capital is Birr 1.8 billion.
The bank’s branch expansion rocketed from 30 to 131 both in the capital and regional cities within a short period of time and the bank has more than 380,000 customers across the country. The total asset of the company has reached more than Birr 11.6 billion. This tremendous growth was largely driven by the active participation of its valuable customers, employees, shareholders, and other relevant stakeholders.
The bank provides a wide range of both domestic and international banking services with superior customer service standards.
First Shareholders' Assembly meeting
The bank held its first shareholders Assembly meeting at millennium hall.
Started rendering financial services
Fulfilled pre-operational requirements of the NBE (license no. LLB/018/2012).
Received its license from the National Bank of Ethiopia.
The Bank received its license from the National Bank of Ethiopia on April 20, 2012