“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

July 25, 2025
CurrencyCodeBuyingSelling
USD134.4454137.1343
GBP181.9987185.6387
EUR157.6641160.8174
CHF169.4120172.8003
SEK14.142814.4256
NOK13.339013.6058
DKK21.124321.5468
DJF0.75300.7680
JPY0.91900.9374
CAD98.9515100.9305
SAR35.834936.5516
AED36.600737.3327
INR1.55531.5864
KSH1.03901.0598
AUD88.613090.3852
SDR184.0423187.7232
ZAR7.65587.8089
CNY18.771519.1470
KWD440.5507449.3617

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