“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

April 03, 2025
CurrencyCodeBuyingSelling
USD128.8036131.3797
GBP166.3756169.7031
EUR139.1723141.9557
CHF146.0027148.9228
SEK12.850913.1079
NOK12.279212.5248
DKK18.650419.0234
DJF0.72140.7358
JPY0.86210.8793
CAD89.552791.3437
SAR34.333935.0206
AED35.065835.7671
INR1.50421.5343
KSH0.99541.0153
AUD80.502382.1123
SDR171.1413174.5642
ZAR7.01477.1550
CNY17.717618.0720
KWD417.6199425.9723

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