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 15, 2026
CurrencyCodeBuyingSelling
USD159.4380162.6268
GBP213.3280217.5946
EUR181.9666185.6059
CHF196.5943200.5262
SEK16.497116.8271
NOK16.304316.6304
DKK24.342124.8289
DJF0.89300.9108
JPY0.98271.0023
CAD112.7328114.9875
SAR42.460243.3094
AED43.409344.2775
INR1.66721.7006
KSH1.23261.2573
AUD110.5862112.7979
SDR216.7560221.0911
ZAR9.73829.9329
CNY23.522223.9926
KWD517.9981528.3581
Weighted Average Exchange Rate

July 14, 2026
CurrencyCodeBuyingSelling
USD162.6268