“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 06, 2026
CurrencyCodeBuyingSelling
USD154.2570157.3421
GBP208.0773212.2388
EUR180.2030183.8071
CHF195.1632199.0665
SEK16.583916.9156
NOK16.522316.8527
DKK24.113224.5955
DJF0.86390.8812
JPY0.96320.9825
CAD112.8435115.1003
SAR41.128641.9512
AED41.996442.8363
INR1.62031.6528
KSH1.19301.2169
AUD109.9698112.1692
SDR211.2241215.4486
ZAR9.17879.3623
CNY22.568723.0201
KWD502.8007512.8567
Weighted Average Exchange Rate

May 04, 2026
CurrencyCodeBuyingSelling
USD154.2570157.3421