“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

July 07, 2026
CurrencyCodeBuyingSelling
USD158.7913161.9671
GBP212.0340216.2747
EUR181.7843185.4200
CHF197.6737201.6272
SEK16.483116.8127
NOK16.142116.4649
DKK24.317624.8039
DJF0.88930.9071
JPY0.98531.0050
CAD111.8485114.0855
SAR42.291343.1372
AED43.230944.0955
INR1.66761.7010
KSH1.22711.2517
AUD110.1535112.3566
SDR215.5751219.8866
ZAR9.79019.9859
CNY23.414323.8826
KWD515.6430525.9558
Weighted Average Exchange Rate

July 06, 2026
CurrencyCodeBuyingSelling
USD162.9133