“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

May 07, 2025
CurrencyCodeBuyingSelling
USD130.1388132.7416
GBP172.9415176.4003
EUR147.4212150.3697
CHF157.8014160.9574
SEK13.466913.7362
NOK12.539612.7904
DKK19.755120.1502
DJF0.72890.7434
JPY0.89940.9174
CAD94.139896.0226
SAR34.700935.3949
AED35.429336.1379
INR1.54111.5719
KSH1.00301.0231
AUD83.705385.3794
SDR176.6114180.1436
ZAR7.06567.2069
CNY17.895618.2535
KWD424.2525432.7375

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