“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

Your Development Partner!

FAQ

The current lending interest rate ranges from 7% to 13%.

Values

  • Commitment to mission
  • Customer focus
  • Integrity
  • Team work
  • High value to employees
  • Concern to the environment 

Exchange Rate

Prevailing Exchange Rate

July 06, 2026
CurrencyCodeBuyingSelling
USD158.7913161.9671
GBP211.9070216.1451
EUR181.2444184.8693
CHF197.2318201.1764
SEK16.371816.6992
NOK16.074816.3963
DKK24.248124.7331
DJF0.88930.9071
JPY0.98481.0044
CAD111.8879114.1257
SAR42.290243.1360
AED43.234444.0991
INR1.66691.7003
KSH1.22711.2517
AUD109.6136111.8059
SDR215.3369219.6436
ZAR9.70039.8943
CNY23.395723.8636
KWD515.6430525.9558
Weighted Average Exchange Rate

July 03, 2026
CurrencyCodeBuyingSelling