Eritrean Investment and Development Bank
- Eritrean Investment and Development Bank
The Eritrean Investment and Development Bank was established on 1996-10-28. The Bank did not effectively begin operations until 1998 from its single office in Asmara. The Bank was fully financed by the Ministry of Finance and thus is a fully state-owned bank.[cite book| last=Rena | first=Ravinder | title=Financial Institutions in Eritrea |id= ISBN 0-9802534-8-9 | publisher=New Africa Press | year=2006] This is the smallest of the state-owned banks in Eritrea and typically funds development projects by funneling funds from various other organizations included the Bank of Eritrea and the World Bank.]References
ee also
* Banking in Eritrea
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