“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

June 15, 2026
CurrencyCodeBuyingSelling
USD157.0890160.2308
GBP209.5253213.7158
EUR180.9979184.6179
CHF196.2386200.1634
SEK16.456216.7853
NOK16.485216.8149
DKK24.214924.6991
DJF0.87980.8974
JPY0.97850.9981
CAD112.1023114.3444
SAR41.844642.6815
AED42.770943.6263
INR1.64031.6731
KSH1.21071.2349
AUD109.6795111.8731
SDR210.7506214.9656
ZAR9.51749.7077
CNY23.176323.6398
KWD511.1833521.4070
Weighted Average Exchange Rate

June 12, 2026
CurrencyCodeBuyingSelling
USD159.7608