“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 22 2025
CurrencyCodeBuyingSelling
USD131.1440133.7669
GBP175.1953178.6992
EUR147.4845150.4342
CHF157.2470160.3919
SEK13.549813.8207
NOK12.741612.9964
DKK19.772620.1681
DJF0.73450.7492
JPY0.90740.9255
CAD94.010095.8902
SAR34.966135.6655
AED35.702036.4160
INR1.53151.5621
KSH1.01351.0337
AUD84.089585.7713
SDR177.4903181.0401
ZAR7.27677.4223
CNY18.165018.5283
KWD427.0180435.5583

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