“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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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 

Exchange Rate

Prevailing Exchange Rate

December 09, 2025
CurrencyCodeBuyingSelling
USD151.5275154.5580
GBP202.0771206.1186
EUR176.4689179.9983
CHF188.5843192.3560
SEK16.095616.4175
NOK14.986515.2863
DKK23.628924.1015
DJF0.84870.8656
JPY0.97650.9961
CAD108.6608110.8340
SAR40.375041.1825
AED41.253342.0784
INR1.68421.7179
KSH1.16961.1930
AUD100.4324102.4411
SDR206.8956211.0336
ZAR8.94149.1202
CNY21.430921.8596
KWD493.4038503.2719
Weighted Average Exchange Rate

December 08, 2025
CurrencyCodeBuyingSelling
USD153.2493