“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

May 30 2025
CurrencyCodeBuyingSelling
USD131.1440133.7669
GBP176.8346180.3713
EUR148.5337151.5044
CHF158.5205161.6909
SEK13.654713.9278
NOK12.918213.1765
DKK19.918020.3163
DJF0.73450.7492
JPY0.90890.9271
CAD94.860096.7572
SAR34.962435.6617
AED35.702036.4160
INR1.53551.5662
KSH1.01351.0337
AUD84.417486.1057
SDR178.0673181.6287
ZAR7.32057.4669
CNY18.230618.5953
KWD427.1360435.6787

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