“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

April 24, 2026
CurrencyCodeBuyingSelling
USD154.0413157.1221
GBP208.1560212.3191
EUR180.7058184.3200
CHF196.8831200.8207
SEK16.774317.1097
NOK16.610616.9428
DKK24.181924.6656
DJF0.86270.8800
JPY0.96740.9867
CAD112.7434114.9983
SAR41.070041.8914
AED41.935442.7741
INR1.64211.6750
KSH1.19131.2152
AUD110.2320112.4366
SDR211.4679215.6973
ZAR9.34919.5361
CNY22.566823.0182
KWD502.5751512.6266
Weighted Average Exchange Rate

April 23, 2026
CurrencyCodeBuyingSelling