“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

October 15, 2025
CurrencyCodeBuyingSelling
USD144.1628147.0461
GBP192.2555196.1006
EUR166.9982170.3382
CHF179.3070182.8931
SEK15.153215.4562
NOK14.306014.5921
DKK22.362622.8099
DJF0.80740.8236
JPY0.94730.9663
CAD102.9367104.9954
SAR38.439339.2081
AED39.248340.0332
INR1.62571.6582
KSH1.11411.1364
AUD93.994195.8740
SDR196.1047200.0267
ZAR8.32308.4894
CNY20.213220.6175
KWD469.6247479.0172

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