“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

February 27, 2026
CurrencyCodeBuyingSelling
USD152.8349155.8916
GBP206.4341210.5628
EUR180.0242183.6247
CHF197.2063201.1504
SEK16.863617.2009
NOK15.919516.2379
DKK24.093224.5750
DJF0.85600.8731
JPY0.97500.9945
CAD111.5583113.7895
SAR40.737541.5523
AED41.607042.4391
INR1.68051.7141
KSH1.18381.2075
AUD108.2224110.3868
SDR209.9493214.1483
ZAR9.59669.7885
CNY22.247722.6926
KWD500.1981510.2020
Weighted Average Exchange Rate

February 26, 2026
CurrencyCodeBuyingSelling
USD155.8916