Development Bank of Ethiopia Re-establishment Council of Ministers Regulations (No 83/2003).

This Regulation re-establishes the Development Bank of Ethiopia as a public enterprise. The purposes for which the Bank is re-established include: a) to provide investment credits including short-term loans to viable projects that will contribute to the country's economic development; b) to mobilize funds from sources within or outside the country; c) to manage funds entrusted to it; d) to participate in equity investment; e) to provide domestic and foreign banking services to its borrowers; f) to guarantee loans and other financial obligations. The rights and obligations of Development Bank of Ethiopia established under Regulations No. 200/1994 are hereby transferred to the re-established Bank.