“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

May 21, 2026
CurrencyCodeBuyingSelling
USD154.5635157.6548
GBP207.0069211.1470
EUR179.6028183.1948
CHF196.3459200.2728
SEK16.429616.7582
NOK16.659116.9923
DKK24.032624.5133
DJF0.86570.8830
JPY0.97120.9906
CAD112.3036114.5497
SAR41.185142.0088
AED42.077642.9191
INR1.60191.6339
KSH1.18901.2127
AUD109.9410112.1398
SDR211.4892215.7190
ZAR9.29459.4804
CNY22.710223.1644
KWD503.7070513.7811
Weighted Average Exchange Rate

May 20, 2026
CurrencyCodeBuyingSelling
EUR179.7419