“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

April 17, 2025
CurrencyCodeBuyingSelling
USD129.1166131.6989
GBP170.7825174.1982
EUR146.1858149.1095
CHF157.8636161.0208
SEK13.166613.4299
NOK12.207112.4512
DKK19.584819.9765
DJF0.72310.7376
JPY0.90290.9210
CAD93.077194.9387
SAR34.408235.0963
AED35.150035.8530
INR1.50591.5360
KSH0.99361.0135
AUD82.376484.0239
SDR174.9272178.4257
ZAR6.82956.9661
CNY17.650018.0030
KWD420.4424428.8512

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