“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 25, 2026
CurrencyCodeBuyingSelling
USD154.5635157.6548
GBP207.4242211.5727
EUR179.3091182.8953
CHF196.0719199.9934
SEK16.510016.8402
NOK16.745017.0799
DKK23.991224.4711
DJF0.86570.8830
JPY0.97110.9905
CAD112.2466114.4915
SAR41.186242.0099
AED42.076442.9179
INR1.60651.6387
KSH1.19631.2202
AUD110.1729112.3763
SDR211.1647215.3879
ZAR9.33959.5263
CNY22.719923.1743
KWD503.7070513.7811
Weighted Average Exchange Rate

May 22, 2026
CurrencyCodeBuyingSelling