“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

June 23 2025
CurrencyCodeBuyingSelling
USD132.3534135.0005
GBP177.7903181.3461
EUR151.9549154.9940
CHF161.8012165.0372
SEK13.721413.9958
NOK13.169613.4330
DKK20.371820.7792
DJF0.74130.7561
JPY0.90880.9269
CAD96.559098.4902
SAR35.274535.9800
AED36.038136.7588
INR1.52521.5557
KSH1.02241.0429
AUD85.619487.3318
SDR180.2918183.8976
ZAR7.32167.4681
CNY18.414418.7827
KWD431.9618440.6010

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