“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

November 07, 2025
CurrencyCodeBuyingSelling
USD149.5654152.5567
GBP194.8388198.7356
EUR171.6861175.1198
CHF184.3755188.0630
SEK15.600215.9122
NOK14.639914.9327
DKK22.995923.4558
DJF0.83770.8544
JPY0.97250.9919
CAD105.8271107.9436
SAR39.878840.6764
AED40.719141.5335
INR1.68721.7209
KSH1.15581.1790
AUD96.888598.8262
SDR202.8556206.9127
ZAR8.54058.7113
CNY20.984021.4037
KWD486.7606496.4958

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