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 September 18, 2026
CurrencyCodeBuyingSelling
USD161.6278164.8604
GBP217.4379221.7866
EUR186.4377190.1664
CHF197.2996201.2456
SEK16.511016.8412
NOK17.279917.6255
DKK24.940625.4395
DJF0.90520.9233
JPY1.04221.0631
CAD115.9370118.2558
SAR43.029643.8902
AED44.007944.8881
INR1.68421.7179
KSH1.24621.2711
AUD115.2568117.5619
SDR221.2685225.6938
ZAR9.933710.1324
CNY24.096624.5785
KWD526.3894536.9172
Weighted Average Exchange Rate

September 17, 2026
CurrencyCodeBuyingSelling
USD166.5010
EUR190.1994