“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 15 2025
CurrencyCodeBuyingSelling
USD130.7765133.3920
GBP172.6511176.1042
EUR145.2011148.1052
CHF155.2981158.4040
SEK13.417013.6853
NOK12.544312.7952
DKK19.465719.8550
DJF0.73240.7471
JPY0.88320.9009
CAD93.505395.3754
SAR34.866335.5636
AED35.601936.3139
INR1.53191.5625
KSH1.01061.0309
AUD83.867085.5443
SDR175.4890178.9988
ZAR7.13607.2788
CNY18.160418.5236
KWD425.0759433.5775

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