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 23, 2026
CurrencyCodeBuyingSelling
USD161.6278164.8604
GBP216.4196220.7480
EUR181.4434185.0722
CHF195.8887199.8065
SEK16.327216.6537
NOK17.259117.6043
DKK24.273524.7590
DJF0.90520.9233
JPY1.02241.0428
CAD115.0621117.3634
SAR43.084743.9464
AED44.006744.8868
INR1.71091.7451
KSH1.24331.2682
AUD113.5920115.8639
SDR218.9410223.3198
ZAR9.843110.0400
CNY24.209224.6934
KWD524.6762535.1697
Weighted Average Exchange Rate

October 22, 2026
CurrencyCodeBuyingSelling
USD164.8604