“Development Bank of Ethiopia is commited to contribute to the development of the country.”

Who we are We support economic development of the country by financing projects.

 Development Bank of Ethiopia is established to support the socio-economic development of the country by availing medium and long-term credit to viable projects under-served by the financial system.

Staff
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Branches
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Exchange Rate

November 06, 2024
CurrencyCodeBuyingSelling
USD121.0859123.5076
GBP156.9879160.1276
EUR132.0684134.7098
CHF140.2756143.0811
SEK11.345011.5719
NOK11.049711.2707
DKK17.709618.0638
DJF0.67820.6917
JPY0.79810.8140
CAD87.087188.8288
SAR32.235432.8801
AED32.965633.6249
INR1.43911.4679
KSH0.93500.9537
AUD79.928881.5274
SDR161.2380164.4627
ZAR6.90657.0447
CNY17.070017.4114
KWD395.1517403.0548

Priority Areas

Agriculture

The bank may finance projects engaged in irrigable mechanized commercial agricultural projects, modern livestock commercial breeding farm, and modern poultry commercial breeding farm.

Manufacturing

The bank may finance manufacturing industries engaged in processing raw materials, components, or parts in semi-finished or finished goods.

Mining

The bank may finance mining and extractive industries engaged in the extraction minerals, metals, and other raw materials or any other things that have economic values.

What We Do

Your Development Partner!

FAQ

The current lending interest rate ranges from 7% to 13%.

Values

  • Commitment to mission
  • Customer focus
  • Integrity
  • Team work
  • High value to employees
  • Concern to the environment