“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 05, 2026
CurrencyCodeBuyingSelling
USD152.6507155.7037
GBP208.4598212.6290
EUR179.9294183.5280
CHF196.0327199.9534
SEK17.036517.3773
NOK15.724916.0394
DKK24.089924.5717
DJF0.85490.8720
JPY0.97870.9983
CAD111.5542113.7852
SAR40.704741.5188
AED41.559142.3903
INR1.69181.7256
KSH1.18241.2061
AUD106.9013109.0393
SDR210.3069214.5130
ZAR9.52639.7168
CNY22.002822.4428
KWD499.6715509.6650
Weighted Average Exchange Rate

February 04, 2026
CurrencyCodeBuyingSelling
USD155.0500