“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

October 17, 2024
CurrencyCodeBuyingSelling
USD113.3080115.5742
GBP148.3202151.2866
EUR123.6417126.1145
CHF131.5088134.1390
SEK10.936711.1555
NOK10.496810.7068
DKK16.574516.9060
DJF0.63460.6473
JPY0.75950.7747
CAD82.006283.6463
SAR30.176830.7804
AED30.846431.4633
INR1.34781.3747
KSH0.87500.8925
AUD76.131677.6543
SDR151.6288154.6613
ZAR6.44196.5707
CNY15.924116.2426
KWD369.3274376.7140

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