“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

June 24, 2026
CurrencyCodeBuyingSelling
USD158.0197161.1801
GBP209.5815213.7732
EUR180.8693184.4867
CHF195.3755199.2830
SEK16.455916.7850
NOK16.329216.6558
DKK24.194624.6785
DJF0.88500.9027
JPY0.97680.9963
CAD111.6195113.8519
SAR42.087042.9287
AED43.024343.8848
INR1.66891.7022
KSH1.22021.2446
AUD110.7718112.9872
SDR214.8120219.1082
ZAR9.62589.8184
CNY23.323623.7901
KWD513.5482523.8192
Weighted Average Exchange Rate

June 23, 2026
CurrencyCodeBuyingSelling