DBE Designates Client Credit Info as Permanently Classified

The Development Bank of Ethiopia (DBE) has officially designated client credit information as permanently classified data. This policy shift is part of a broader institutional overhaul initiated under the guidance of the Ethiopian Investment Holdings (EIH) and the bank's new president, Esayas Kassa (PhD).

The classification of credit records is one component of a new suite of policies implemented by the bank. These measures are intended to strengthen the institution's frameworks regarding privacy, fraud monitoring, and anti-money laundering compliance.