“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

March 17, 2025
CurrencyCodeBuyingSelling
USD127.7162130.2705
GBP165.0732168.3747
EUR138.2528141.0178
CHF144.3447147.2316
SEK12.485012.7347
NOK11.924412.1629
DKK18.532218.9028
DJF0.71530.7296
JPY0.86130.8785
CAD88.734990.5096
SAR34.042234.7231
AED34.771635.4671
INR1.46651.4958
KSH0.98511.0048
AUD80.116481.7187
SDR170.1691173.5724
ZAR6.92447.0629
CNY17.619217.9716
KWD414.2986422.5846

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