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MEMBERS: INDUSTRIAL DEVELOPMENT BANK KENYA

Industrial Development Bank Limited (IDB) is Kenya's premier Development Finance Institution (DFI), established in January 1973, by the Government of Kenya with the support of the World Bank for the purpose of furthering the economic development of Kenya by assisting in the promotion, establishment, expansion, diversification and modernization of medium and large scale industrial enterprises. IDB has supported industrial development in Kenya through provision of medium and long-term finance to enterprises in all sectors of the economy and in virtually every part of country. Kenya's existing industrial base owes a significant portion of itself to IDB. In performing its role IDB has been successful in many areas including, mobilization of foreign currency resources, transfer of technology, balance of payments support, creation of increased employment opportunities, acceleration of economic growth and alleviation of poverty, decentralization and diversification of industry and development of local entrepreneurs and indigenization of Industry.

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