“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 01, 2025
CurrencyCodeBuyingSelling
USD128.3104130.8766
GBP165.9053169.2235
EUR138.1775140.9410
CHF145.2461148.1510
SEK12.758313.0135
NOK12.203712.4477
DKK18.517918.8882
DJF0.71860.7330
JPY0.85080.8678
CAD89.514791.3050
SAR34.206134.8902
AED34.930635.6292
INR1.50061.5306
KSH0.99081.0106
AUD80.707282.3214
SDR169.5879172.9796
ZAR7.06497.2061
CNY17.661918.0152
KWD415.9823424.3020

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