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
April 16, 2026
April 16, 2026
| Currency | Code | Buying | Selling |
|---|---|---|---|
 | USD | 154.0413 | 157.1221 |
 | GBP | 208.6489 | 212.8219 |
 | EUR | 181.3990 | 185.0270 |
 | CHF | 196.7573 | 200.6925 |
 | SEK | 16.7271 | 17.0616 |
| NOK | 16.3183 | 16.6446 | |
 | DKK | 24.2753 | 24.7608 |
| DJF | 0.8627 | 0.8800 | |
 | JPY | 0.9688 | 0.9882 |
 | CAD | 111.7537 | 113.9888 |
| SAR | 41.0569 | 41.8780 | |
 | AED | 41.9365 | 42.7753 |
 | INR | 1.6488 | 1.6817 |
| KSH | 1.1900 | 1.2138 | |
 | AUD | 109.9393 | 112.1381 |
| SDR | 211.7760 | 216.0115 | |
 | ZAR | 9.4026 | 9.5906 |
| CNY | 22.5817 | 23.0334 | |
| KWD | 502.7446 | 512.7995 |
Weighted Average Exchange Rate
April 16, 2026
April 16, 2026
| Currency | Code | Buying | Selling | |
|---|---|---|---|---|
| USD | 157.1221 | ||
| EUR | 179.8349 | ||