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 November 09, 2026
6CodeBuyingSelling
USD161.6278164.8604
GBP217.8096222.1658
EUR181.6050185.2371
CHF198.3407202.3075
SEK16.512216.8424
NOK17.395017.7429
DKK24.292924.7787
DJF0.90520.9233
JPY1.02491.0454
CAD115.5640117.8753
SAR43.058343.9194
AED44.003144.8832
INR1.71061.7448
KSH1.24331.2682
AUD112.3152114.5615
SDR219.4259223.8144
ZAR9.815110.0114
CNY24.239024.7237
KWD524.9348535.4335
Weighted Average Exchange Rate

November 06, 2026
3CodeBuyingSelling
USD166.8604