“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 06, 2025
CurrencyCodeBuyingSelling
USD124.9830127.4827
GBP156.6537159.7868
EUR130.1573132.7604
CHF138.5160141.2863
SEK11.462911.6921
NOK11.154511.3776
DKK17.447417.7964
DJF0.70000.7140
JPY0.81830.8347
CAD87.437489.1861
SAR33.321733.9881
AED34.025634.7062
INR1.42961.4582
KSH0.96590.9852
AUD78.489380.0591
SDR162.6654165.9187
ZAR6.71246.8466
CNY17.183317.5270
KWD404.9824413.0821

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