“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

April 25, 2025
CurrencyCodeBuyingSelling
USD129.6586132.2518
GBP172.4070175.8552
EUR147.7071150.6612
CHF157.3527160.4997
SEK13.521713.7922
NOK12.437312.6860
DKK19.784020.1797
DJF0.72620.7407
JPY0.91360.9319
CAD93.812795.6890
SAR34.565535.2568
AED35.298536.0045
INR1.51741.5477
KSH0.99971.0197
AUD83.033484.6940
SDR188.6273192.3999
ZAR6.97977.1193
CNY17.785818.1415
KWD423.3872431.8549

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