“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 04, 2026
CurrencyCodeBuyingSelling
USD155.9734159.0929
GBP210.1586214.3617
EUR181.7402185.3750
CHF198.5405202.5113
SEK16.784517.1202
NOK16.818017.1543
DKK24.317324.8036
DJF0.87360.8910
JPY0.97610.9956
CAD112.6894114.9432
SAR41.556342.3875
AED42.462543.3118
INR1.63711.6698
KSH1.20441.2285
AUD111.9577114.1969
SDR213.5744217.8459
ZAR9.62139.8137
CNY23.063123.5244
KWD508.3017518.4677
Weighted Average Exchange Rate

June 03, 2026
CurrencyCodeBuyingSelling
USD157.5332
EUR181.5842