“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 02 2025
CurrencyCodeBuyingSelling
USD131.1440133.7669
GBP176.6641180.1974
EUR148.8353151.8120
CHF159.3294162.5160
SEK13.690813.9646
NOK12.918713.1771
DKK19.951920.3510
DJF0.73450.7492
JPY0.91190.9301
CAD94.894496.7922
SAR34.943835.6427
AED35.705836.4200
INR1.53711.5678
KSH1.01271.0329
AUD84.338786.0255
SDR177.9231181.4815
ZAR7.35037.4973
CNY18.245118.6100
KWD427.2409435.7857

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