East African Development Bank

East African Development Bank

P.O Box 7128, Kampala, Uganda,EADB Building, Plot 4 Nile Avenue,Central,Kampala
Contact Phones: +256 323 412110,+256 417 112900/1/2
Web Address: www.eadb.org
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FAQ about East African Development Bank
Question. Being a regional Bank, does EADB play any role regional integration?
  • Answer: EADB plays a major role in regional integration by supporting projects that cut across the Member States borders. Such projects are mainly in infrastructure sector (energy, transport and telecommunication). The ownership of the Bank also brings together the three governments of East Africa. The Governing Council of the Bank comprises the three Finance Ministers of the Republic of Kenya, Untied Republic of Tanzania and Republic of Uganda. The Bank’s lending activities spread across the three countries. The Bank’s regional operation enhances economic activities in the region, hence promoting regional trade. With revitalisation of regional integration through the signing of the East African Customs Union Protocol, EADB has an opportunity to step up support to more viable regional enterprises. The Bank has already expressed desire to participate in financing energy projects stipulated in the region’s power master plan which proposes to interconnect the three countries’ grids.
Question. Does EADB has sufficient lending capacity? Where and how does the Bank raise funds?
  • Answer: EADB has sufficient resources to meet its clients’ financial requirements. The Bank sources for lending funds from its development partners through lines of credits. Further, the Bank also mobilises local resources by issuing bonds. In cases where clients’ requirements go beyond EADB’s pockets, the Bank can offer syndication and co-financing arrangements.
Question. How does the Bank accomplish its overriding objective of promoting development?
  • Answer: The Bank offers a mix of financial products and services to viable projects/enterprises in the Member States. Its products range from Medium/Long Term Loans, Short-term Loans, Asset Leasing, Equity Investment, Loan Guarantees, Technical Assistance, among others. The Bank has over the years establish
Question. What investment projects does EADB consider for funding?
  • Answer: All viable projects in Member States key economic sectors are eligible candidates for EADB financing. Emphasis is placed on projects, which have the capacity to spur more development. The key sectors, which EADB finances include agriculture, health, infrastructure, trade and tourism, education and m
Question. What is the difference between EADB and commercial Banks?
  • Answer: EADB’s primary objective is promoting development. As such, the Bank is not primarily profit driven. EADB therefore offers products that are geared towards advancing development. The Bank does not operate retail-banking services such as savings and current accounts (products commonly offered by commercial banks). EADB’s portfolio is dominantly Medium/Long-Term loans.
Question. What is the key role of the East African Development Bank?
  • Answer: The East African Development Bank (EADB) is a regional premier development financing institution whose main objective is to provide financial assistance to promote socio-economic development of the Member States of Uganda, Kenya and Tanzania.
Question. What stake do Member States of Uganda, Kenya and Tanzania hold in the Bank?
  • Answer: The three Member States of Uganda, Kenya and Tanzania are principal shareholders of the Bank, having equal shares. Each of the three governments holds 24.07% of the Bank’s paid up capital, cumulatively 72.21% of the total shares. A detailed breakdown of the shareholders is shown elsewhere in this web site on the section headed About EADB, shareholders.
Question. Where is EADB located?
  • Answer: The Bank has its Head Office in EADB Building, 4 Nile Avenue, Kampala. The Bank has country offices located in Rahimtulla Tower, 2nd floor, Upper Hill and NSSF Waterfront House, 7th floor in Nairobi and Dar-es-salaam respectively.