“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

October 24, 2025
CurrencyCodeBuyingSelling
USD147.3938150.3417
GBP196.4170200.3453
EUR170.7115174.1257
CHF185.1216188.8240
SEK15.633815.9465
NOK14.672914.9664
DKK22.854923.3120
DJF0.82550.8420
JPY0.97110.9905
CAD105.0337107.1344
SAR39.299840.0858
AED40.129040.9316
INR1.67951.7131
KSH1.13911.1618
AUD95.540797.4515
SDR200.9714204.9909
ZAR8.43678.6055
CNY20.684221.0979
KWD480.6954490.3093

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