“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

February 26, 2026
CurrencyCodeBuyingSelling
USD152.8349155.8916
GBP206.2201210.3445
EUR180.1312183.7338
CHF197.5888201.5405
SEK16.856217.1933
NOK15.987116.3068
DKK24.110624.5928
DJF0.85600.8731
JPY0.98071.0003
CAD111.5339113.7646
SAR40.737541.5523
AED41.603642.4356
INR1.68081.7144
KSH1.18381.2075
AUD107.8097109.9659
SDR210.0257214.2262
ZAR9.56919.7605
CNY22.211522.6557
KWD500.1981510.2020
Weighted Average Exchange Rate

February 25, 2026
CurrencyCodeBuyingSelling
USD153.1447