“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 15, 2024
CurrencyCodeBuyingSelling
USD113.3080115.5742
GBP147.6517150.6047
EUR123.6417126.1145
CHF131.2651133.8904
SEK10.859411.0766
NOK10.516810.7271
DKK16.570616.9020
DJF0.63460.6473
JPY0.75590.7710
CAD82.131183.7737
SAR30.174430.7779
AED30.845531.4624
INR1.34751.3745
KSH0.87500.8925
AUD75.950477.4694
SDR151.6288154.6613
ZAR6.44346.5723
CNY15.982516.3022
KWD369.2594376.6446

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