“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 09, 2025
CurrencyCodeBuyingSelling
USD130.1388132.7416
GBP173.6702177.1436
EUR147.8377150.7944
CHF157.8971161.0551
SEK13.560413.8316
NOK12.650912.9039
DKK19.813820.2100
DJF0.72890.7434
JPY0.90830.9265
CAD94.310396.1965
SAR34.693535.3874
AED35.425436.1339
INR1.53501.5657
KSH1.00571.0258
AUD84.199885.8838
SDR176.4552179.9843
ZAR7.10727.2493
CNY18.011018.3713
KWD424.4217432.9101

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