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Under this charter, the Bank’s role and mandate were reviewed and its operational scope expanded.Under its expanded operational scope, the Bank offers a broad range of financial services in the Member States of Kenya, Uganda and Tanzania with an overiding objective of strengthening socio-economic development and regional integration.
EADB is owned by the three member states of Kenya, Uganda and Tanzania. Other shareholders include the African Development Bank; FMO (Netherlands); DEG (Germany); Consortium of Yugoslav Institutions; SBIC – Africa Holdings; Commercial Bank of Africa, Nairobi; Norbanken AB, Stockholm; Standard Chartered Bank, London; and Barclays Bank International, London.
The revitalization of the regional cooperation among the Member States through the establishment of the new East African Community (EAC) has accorded the Bank the opportunity of playing a catalyzing role in regional integration through provision of development finance. The ensuing prospects conform to the Bank’s envisaged stable outlook. The Bank is internationally rated.
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