“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

February 10, 2025
CurrencyCodeBuyingSelling
USD124.9830127.4827
GBP155.2039158.3080
EUR129.4824132.0720
CHF138.0570140.8181
SEK11.433211.6618
NOK11.109911.3321
DKK17.358517.7057
DJF0.70000.7140
JPY0.81940.8358
CAD87.035588.7762
SAR33.321733.9881
AED34.024734.7052
INR1.42671.4552
KSH0.96590.9852
AUD78.276979.8424
SDR157.8660161.0233
ZAR6.71646.8507
CNY17.141617.4845
KWD404.8699412.9673

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