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 September 16, 2026
CurrencyCodeBuyingSelling
USD161.6278164.8604
GBP217.7450222.0999
EUR186.4215190.1499
CHF197.5407201.4915
SEK16.506616.8367
NOK17.287017.6327
DKK24.938725.4375
DJF0.90520.9233
JPY1.04341.0643
CAD116.0536118.3746
SAR43.034243.8949
AED44.004344.8844
INR1.69141.7252
KSH1.24661.2716
AUD114.9174117.2157
SDR221.7372226.1719
ZAR9.901210.0992
CNY24.092324.5741
KWD526.5672537.0986
Weighted Average Exchange Rate

September 15, 2026
CurrencyCodeBuyingSelling
USD164.8604
EUR193.1889