“Development Bank of Ethiopia is commited to contribute to the development of the country.”

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

February 09, 2026
CurrencyCodeBuyingSelling
USD152.6507155.7037
GBP207.5744211.7259
EUR180.0057183.6058
CHF196.3101200.2363
SEK16.957817.2970
NOK15.769716.0851
DKK24.109724.5919
DJF0.85490.8720
JPY0.97120.9907
CAD111.5297113.7603
SAR40.704741.5188
AED41.556842.3880
INR1.68951.7233
KSH1.18241.2061
AUD106.5502108.6812
SDR209.8489214.0459
ZAR9.46029.6494
CNY21.990722.4305
KWD499.4273509.4158
Weighted Average Exchange Rate

February 06, 2026
CurrencyCodeBuyingSelling