“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

September 16, 2025
CurrencyCodeBuyingSelling
USD140.0929142.8948
GBP189.8539193.6510
EUR164.3710167.6584
CHF175.8635179.3808
SEK15.025915.3265
NOK14.187314.4711
DKK22.021322.4617
DJF0.78460.8003
JPY0.94800.9670
CAD101.2232103.2477
SAR37.340238.0870
AED38.140238.9030
INR1.58741.6191
KSH1.08261.1043
AUD93.133894.9964
SDR191.8432195.6801
ZAR8.07398.2354
CNY19.671520.0650
KWD458.6782467.8517

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