“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

July 04, 2025
CurrencyCodeBuyingSelling
USD132.3534135.0005
GBP181.3903185.0181
EUR155.8064158.9226
CHF166.9864170.3261
SEK13.913014.1913
NOK13.113913.3762
DKK20.881221.2988
DJF0.74130.7561
JPY0.91950.9379
CAD96.990698.9304
SAR35.291435.9972
AED36.031236.7518
INR1.54431.5752
KSH1.02241.0429
AUD86.916588.6548
SDR172.5888176.0406
ZAR7.49317.6429
CNY18.464018.8332
KWD433.5765442.2480

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