“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

February 23, 2026
CurrencyCodeBuyingSelling
USD152.8349155.8916
GBP206.1284210.2510
EUR180.1771183.7806
CHF197.4866201.4364
SEK16.891217.2290
NOK16.011516.3318
DKK24.117124.5994
DJF0.85600.8731
JPY0.98761.0074
CAD111.6888113.9225
SAR40.747341.5622
AED41.607042.4391
INR1.67641.7099
KSH1.18381.2075
AUD107.7639109.9192
SDR210.5301214.7407
ZAR9.44949.6383
CNY22.120222.5626
KWD500.2745510.2800
Weighted Average Exchange Rate

February 20, 2026
CurrencyCodeBuyingSelling
USD152.6507155.8916