“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 9, 2024
CurrencyCodeSellingBuying
USD123.72112.731
GBP162.1969147.7114
EUR135.9559123.8688
CHF144.5327131.6182
SEK11.980410.9147
NOK11.640410.6041
DKK18.230616.6106
DJF0.69660.6314
JPY0.83690.7625
CAD90.717182.6534
SAR32.954230.024
AED33.686430.6893
INR1.47391.3421
KSH0.96280.8705
AUD83.436875.9807
SDR165.7477151.0257
ZAR7.08936.4587
CNY17.544215.9836
KWD403.8367.7172

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