“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

October 31, 2025
CurrencyCodeBuyingSelling
USD148.7814151.7570
GBP196.7039200.6380
EUR173.1815176.6452
CHF186.5597190.2909
SEK15.889716.2075
NOK14.882215.1798
DKK23.188023.6518
DJF0.83330.8499
JPY0.97730.9969
CAD106.7222108.8566
SAR39.671940.4653
AED40.504641.3147
INR1.68661.7203
KSH1.14981.1728
AUD98.1065100.0686
SDR203.0717207.1332
ZAR8.69518.8690
CNY20.955421.3745
KWD484.9679494.6672

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