“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

July 10, 2026
CurrencyCodeBuyingSelling
USD158.7913161.9671
GBP211.8276216.0641
EUR181.0697184.6911
CHF196.4266200.3552
SEK16.361516.6887
NOK16.229016.5536
DKK24.223324.7078
DJF0.88930.9071
JPY0.97730.9968
CAD112.0853114.3270
SAR42.285743.1314
AED43.234444.0991
INR1.66161.6948
KSH1.22711.2517
AUD109.8201112.0165
SDR215.7180220.0323
ZAR9.67489.8683
CNY23.350323.8173
KWD515.8971526.2150
Weighted Average Exchange Rate

July 09, 2026
CurrencyCodeBuyingSelling
USD163.9671