“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

January 22, 2025
CurrencyCodeBuyingSelling
USD124.7763127.2718
GBP152.2645155.3098
EUR128.8066131.3827
CHF136.5915139.3233
SEK11.189411.4132
NOK10.921311.1398
DKK17.266017.6113
DJF0.69880.7128
JPY0.79780.8138
CAD86.272887.9982
SAR33.255133.9202
AED33.968434.6478
INR1.44141.4702
KSH0.96170.9809
AUD77.423778.9722
SDR161.9472165.1861
ZAR6.65096.7839
CNY17.058317.3995
KWD404.3002412.3862

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