“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
0 +
Branches
0 +

Exchange Rate

March 12, 2025
CurrencyCodeBuyingSelling
USD127.7162130.2705
GBP165.0349168.3356
EUR138.7253141.4998
CHF145.5455148.4564
SEK12.637012.8898
NOK11.888812.1265
DKK18.598518.9705
DJF0.71530.7296
JPY0.86910.8864
CAD88.784390.5600
SAR34.042234.7231
AED34.771635.4671
INR1.46221.4915
KSH0.98621.0059
AUD80.755082.3701
SDR170.0158173.4161
ZAR6.98247.1220
CNY17.593017.9448
KWD414.4902422.7800

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