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 November 13, 2026
6CodeBuyingSelling
USD162.3372165.5839
GBP216.2656220.5909
EUR180.7949184.4108
CHF195.7993199.7153
SEK16.340316.6671
NOK17.041717.3825
DKK24.186124.6698
DJF0.90920.9274
JPY1.02111.0415
CAD114.1532116.4362
SAR43.251944.1169
AED44.201145.0851
INR1.73251.7672
KSH1.24781.2727
AUD111.4932113.7231
SDR220.1130224.5153
ZAR9.811110.0073
CNY24.334424.8211
KWD526.5569537.0881
Weighted Average Exchange Rate

November 12, 2026
3CodeBuyingSelling
USD164.8604