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

July 21, 2026
CurrencyCodeBuyingSelling
USD159.9020163.1001
GBP215.0522219.3532
EUR182.8479186.5049
CHF197.9965201.9565
SEK16.563516.8947
NOK16.567216.8986
DKK24.459624.9488
DJF0.89560.9135
JPY0.98461.0043
CAD114.1342116.4169
SAR42.574743.4262
AED43.535644.4063
INR1.66061.6938
KSH1.23621.2609
AUD111.5316113.7623
SDR217.6426221.9955
ZAR9.66849.8618
CNY23.591324.0632
KWD519.9214530.3198
Weighted Average Exchange Rate

July 20, 2026
CurrencyCodeBuyingSelling
USD162.6268