“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
0 +
Branches
0 +

Exchange Rate

November 20, 2024
CurrencyCodeBuyingSelling
USD121.2433123.6682
GBP152.9848156.0445
EUR127.7662130.3215
CHF136.5968139.3287
SEK11.009111.2293
NOK10.917411.1358
DKK17.129617.4722
DJF0.67900.6926
JPY0.78190.7976
CAD86.030987.7515
SAR32.292832.9387
AED33.008433.6686
INR1.43581.4645
KSH0.93260.9513
AUD78.226279.7907
SDR159.3864162.5742
ZAR6.69546.8293
CNY16.735217.0699
KWD393.9559401.8350

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