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 August 07, 2026
CurrencyCodeBuyingSelling
USD160.1367163.3395
GBP215.4960219.8059
EUR184.7978188.4937
CHF198.0419202.0028
SEK16.880117.2177
NOK16.814417.1507
DKK24.720825.2153
DJF0.89690.9148
JPY1.01651.0369
CAD113.9601116.2393
SAR42.636043.4888
AED43.592444.4643
INR1.68341.7171
KSH1.23711.2618
AUD112.8643115.1216
SDR218.6186222.9910
ZAR9.79559.9914
CNY23.723324.1977
KWD521.3571531.7842
Weighted Average Exchange Rate

August 06, 2026
CurrencyCodeBuyingSelling
USD163.3395