“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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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

International Banking
Terms and Tariffs
Credit
Lease Financing
Credit
Project Financing
International Banking
Export Guarantee
Other
Bond Issue and Sales
International Banking
International Banking
Credit
Interest Free Financing
Other
External Fund & Credit Management
Credit
Idea Financing

Your Development Partner!

Contact Us

FAQ

The current lending interest rate ranges from 7% to 13%.

Yes.

Values

  • Commitment to mission
  • Customer focus
  • Integrity
  • Team work
  • High value to employees
  • Concern to the environment 

Exchange Rate

Prevailing Exchange Rate

May 07, 2026
CurrencyCodeBuyingSelling
USD154.3717157.4591
GBP209.2663213.4516
EUR180.7847184.4004
CHF197.1793201.1229
SEK16.699817.0338
NOK16.657916.9910
DKK24.192424.6762
DJF0.86460.8819
JPY0.98281.0025
CAD113.4085115.6767
SAR41.155941.9790
AED42.021942.8624
INR1.62331.6558
KSH1.19481.2187
AUD110.9161113.1344
SDR212.0913216.3331
ZAR9.23399.4185
CNY22.600423.0524
KWD503.9001513.9781
Weighted Average Exchange Rate

May 06, 2026
CurrencyCodeBuyingSelling
EUR180.2030