“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

April 01, 2026
CurrencyCodeBuyingSelling
USD153.6581156.7313
GBP203.3050207.3711
EUR176.5532180.0842
CHF192.2408196.0857
SEK16.184816.5085
NOK15.740416.0552
DKK23.624824.0973
DJF0.86060.8778
JPY0.96310.9824
CAD110.4104112.6186
SAR40.943841.7627
AED41.829942.6665
INR1.62291.6553
KSH1.18241.2061
AUD105.3326107.4393
SDR208.7753212.9508
ZAR8.95409.1330
CNY22.234822.6795
KWD500.5105510.5207
Weighted Average Exchange Rate

March 31, 2026
CurrencyCodeBuyingSelling
USD156.7313