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 October 22, 2026
CurrencyCodeBuyingSelling
USD161.6278164.8604
GBP215.6923220.0061
EUR181.1686184.7920
CHF196.0789200.0004
SEK16.294416.6203
NOK17.221917.5664
DKK24.239724.7245
DJF0.90520.9233
JPY1.02191.0423
CAD115.0621117.3634
SAR43.087043.9487
AED44.003144.8832
INR1.70221.7363
KSH1.24331.2682
AUD112.9293115.1879
SDR218.9895223.3693
ZAR9.817010.0133
CNY24.202324.6863
KWD524.6762535.1697
Weighted Average Exchange Rate

October 21, 2026
CurrencyCodeBuyingSelling
USD164.8604