“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 17, 2026
CurrencyCodeBuyingSelling
USD157.2115160.3557
GBP211.2137215.4379
EUR182.6169186.2692
CHF198.2741202.2395
SEK16.775317.1108
NOK16.499616.8296
DKK24.433724.9224
DJF0.88050.8981
JPY0.98171.0013
CAD112.4948114.7447
SAR41.894042.7319
AED42.804343.6603
INR1.65971.6929
KSH1.21401.2383
AUD111.1800113.4036
SDR214.7037218.9978
ZAR9.72399.9183
CNY23.266123.7314
KWD512.0850522.3267
Weighted Average Exchange Rate

June 16, 2026
CurrencyCodeBuyingSelling
USD162.3557