Development Bank of Seychelles
Banking · Seychelles · 90 Employees
View Company Info for Free
About
Headquarters
PO Box 217, Victoria, English River, SeychellesPhone Number
+248 4294400Website
www.dbs.scRevenue
$14.9 MillionIndustry
Recent News & Media
No recent news or media
Who is Development Bank of Seychelles
A loan is a personal comitment. It engages you to due repayment. Check your repayment capacity before you commit to a loan. The Development Bank of Seychelles was created in 1977 as a joint venture between the Government and other shareholders namely Caisse Francaise de Cooperation, European Investment Bank, DEG, Standard Chartered Bank and Barclays Bank. During the years, some shareholders namely Barclays Bank and DEG disengaged themselves in DBS. Overtime, the shares of Standard Chartered Bank were taken over by Nouvobanq. DBS bought back Barclays share and Government purchased the shares of DEG, hence, increasing its shareholding to 60.50%. DBS started operations at the Supreme Court Building in February 1978, with only eight staff members. The Bank moved to its present location at Independence Avenue in August, 1984. In the early days, DBS was serving mainly agricultural and fisheries sectors. Over the years DBS business portfolio has grown to financing of new, modernization and expansion projects in the fields of agriculture, fisheries, industry, service and tourism, construction of commercial buildings including rental accommodation, office, storage as well as shop premises. During the 40 years, DBS has evolved to become one of the leading financial institutions in project financing in almost all sectors of the economy. DBS also has an office on Praslin that is operational on a daily basis, with the aim of facilitating and bringing its services closer to its clients on Praslin as well as La Digue. During its 40 years, the Bank has seen a substantial increase in demand for new project developments as well as a substantial increase in the volume of transactions it handles. Over the years DBS has financed 8,587 projects for an amount in excess of SCR. 2.8 billion. DBS is a non-budgetary dependent public enterprise and operates on a commercial basis with accumulated profit of above SCR 218 million as at 31st December 2017. The Bank has a strong balance sheet with a total asset of SCR 1.083 billion. Its ...Read more
Development Bank of Seychelles Org Chart
Is Development Bank of Seychelles your ideal customer? 
Let us give you the heads up on whether it's a good time to reach out
Congratulate Masked Content for being promoted to Masked Content at Development Bank of Seychelles
Competitive Alert! Recent activity has been detected by your competitor Masked Content
Check if Development Bank of Seychelles has recently received funding, and reach out quickly before it becomes old news!
Check out if Development Bank of Seychelles is spiking on competitors!
Website visits: Recent activity has been detected on your website
Funding: Get notified immidiatlly once Development Bank of Seychelles has new funding data
Development Bank of Seychelles, which may be a good buyer, showed buying intent in Masked Content Topic
Earning: See what the market has to say on Development Bank of Seychelles recently announced quarterly report
Product Launch: Get notified when Development Bank of Seychelles launches new products
Click to see if Development Bank of Seychelles had a recent Job posting/layoffs
Recommended Actions
Introduce yourself to Masked Content, who has shown a strong intent to purchase lately
Find 2 more new buyers
Development Bank of Seychelles Employee Growth Rate
View Development Bank of Seychelles’s full employee growth data
Percentage of growth
1st year Mask
2nd year Mask
Development Bank of Seychelles Tech Stack
A closer look at the technologies used by Development Bank of Seychelles
See more technologies
Most Recent Scoops
Last Week
Hot Scoop - Business
Last month
Hot Scoop - Financial
Last month
Hot Scoop - Opportunities
Frequently Asked Questions Regarding Development Bank of Seychelles
A loan is a personal comitment. It engages you to due repayment. Check your repayment capacity before you commit to a loan. The Development Bank of Seychelles was created in 1977 as a joint venture between the Government and other shareholders namely Caisse Francaise de Cooperation, European Investment Bank, DEG, Standard Chartered Bank and Barclay... Read More
