“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

May 29, 2026
CurrencyCodeBuyingSelling
USD154.5635157.6548
GBP208.0888212.2506
EUR179.7110183.3052
CHF196.8210200.7574
SEK16.597816.9297
NOK16.689917.0237
DKK24.050224.5312
DJF0.86570.8830
JPY0.97040.9898
CAD111.8566114.0938
SAR41.187342.0110
AED42.077642.9191
INR1.61531.6476
KSH1.19171.2155
AUD110.8066113.0227
SDR211.1956215.4195
ZAR9.44569.6345
CNY22.778823.2344
KWD503.8770513.9546
Weighted Average Exchange Rate

May 28, 2026
CurrencyCodeBuyingSelling
USD157.6548
EUR179.3246