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The Development Bank of Ethiopia (DBE) and the Export - Import Bank of Korea (Eximbank) held Knowledge Sharing Program (KSP) here at the Head Office from May 30, 2017 to June 1, 2017. 

Five high level expertise from Eximbank and 17 members of executives and middle level management members of the Bank were attended the meeting.

    

 Objective of the meeting was establishing a knowledge-based development and economic cooperation between DBE and Korea’s Eximbank in strengthening capacity building, providing policy recommendations and organizing training programs.

During the meeting, DBE’s structure, the overall financing programs such as SME Lease Financing and Project Financing, technical operations, policies and procedures were introduced and presented by the Strategic Planning and Change Management Director of the Bank.

On the other hand, High level expertise from Eximbank also introduced and presented about their Knowledge Sharing Program (KSP), a knowledge-based development and economic cooperation program designed to share Korea’s development experience with partner countries such as Ethiopia. KSP offers comprehensive policy consultation tailored to the needs of partner countries encompassing in-depth analysis, policy recommendations and training opportunities, according to the presentation.

During the session, intensive discussions and question and answer program were conducted in relation to DBE’s role in the Ethiopian economic development, policies and strategies, SME financing, the overall project work scope and schedule. Eventually, the two parties have signed Aide Memoire as an outline how to proceed in the future regarding the knowledge sharing program.

 

DBE has been providing credit services over the last ten decades in priority areas of the government such as commercial agriculture, agro processing industries, manufacturing industries and extractive and mining industries specifically export focused. While Eximbank has been providing comprehensive export loan and guarantee programs to support Korean enterprises’ including business overseas over the last four decades.