“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

September 15, 2025
CurrencyCodeBuyingSelling
USD140.0929142.8948
GBP189.6297193.4223
EUR163.9087167.1869
CHF175.5990179.1110
SEK14.987015.2868
NOK14.103114.3851
DKK21.958122.3973
DJF0.78460.8003
JPY0.95000.9690
CAD101.0844103.1061
SAR37.340238.0870
AED38.138238.9009
INR1.58971.6215
KSH1.08261.1043
AUD92.517494.3677
SDR192.4316196.2802
ZAR7.97568.1352
CNY19.670420.0639
KWD458.5241467.6945

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