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 October 15, 2026
CurrencyCodeBuyingSelling
USD161.6278164.8604
GBP214.0275218.3081
EUR180.8777184.4952
CHF194.1942198.0780
SEK16.197316.5212
NOK16.951217.2902
DKK24.197224.6812
DJF0.90520.9233
JPY1.02121.0416
CAD113.4708115.7402
SAR43.033043.8937
AED44.001944.8819
INR1.69621.7301
KSH1.24521.2701
AUD112.7677115.0231
SDR218.7309223.1055
ZAR9.79729.9932
CNY24.145524.6284
KWD524.1751534.6586
Weighted Average Exchange Rate

October 14, 2026
CurrencyCodeBuyingSelling
USD164.8604
EUR180.3443