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 23, 2026
CurrencyCodeBuyingSelling
USD159.9020163.1001
GBP214.6844218.9781
EUR182.7200186.3744
CHF197.5562201.5073
SEK16.547016.8779
NOK16.614416.9467
DKK24.441324.9301
DJF0.89560.9135
JPY0.98291.0025
CAD113.7283116.0029
SAR42.590643.4424
AED43.538044.4088
INR1.66141.6946
KSH1.23571.2604
AUD112.3152114.5615
SDR217.4028221.7508
ZAR9.73509.9297
CNY23.632524.1051
KWD519.5856529.9773
Weighted Average Exchange Rate

July 22, 2026
CurrencyCodeBuyingSelling
USD164.4443