audited financial statements
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about
Name:
Development Bank of Seychelles (DBS)
Date of Incorporation:
The Development Bank of Seychelles was established in 1977 under Decree No.21
Sector: Financial/Banking
Parent Ministry:
The Minister responsible for Finance
Ownership: 61% GoS
Business type:
Financial institution
mandate
To assist in the economic development of the Seychelles. This Decree entrusted DBS the power of local and external borrowings for financing financially and economically viable projects in the sectors of the economy, mainly Agriculture, Fisheries, Industry, Tourism and Service.
CORE ACTIVITIES
DBS has the following responsibilities:
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to establish, maintain, develop or re-organize, or to assist in or promote the establishment, maintenance, development or reorganization of any industry
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to establish, maintain, develop or re-organize, or to assist in or promote the establishment, maintenance, development or reorganization of money or capital markets in Seychelles
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to co-operate with other institutions and organizations, whether public or private, national or international, which wish to further any of the purposes referred to in Section 4 of the DBS decree