“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

Your Development Partner!

FAQ

The current lending interest rate ranges from 7% to 13%.

Values

  • Commitment to mission
  • Customer focus
  • Integrity
  • Team work
  • High value to employees
  • Concern to the environment 

Exchange Rate

Prevailing Exchange Rate

February 11, 2026
CurrencyCodeBuyingSelling
USD152.7402155.7950
GBP207.8489212.0058
EUR181.2110184.8352
CHF197.7988201.7547
SEK16.977517.3171
NOK15.807416.1235
DKK24.262224.7474
DJF0.85540.8726
JPY0.97490.9944
CAD111.8976114.1355
SAR40.724241.5387
AED41.581242.4128
INR1.68321.7168
KSH1.18311.2068
AUD107.2389109.3837
SDR209.6817213.8754
ZAR9.50529.6953
CNY22.058622.4997
KWD499.8881509.8859
Weighted Average Exchange Rate

February 10, 2026
CurrencyCodeBuyingSelling
USD155.7037