“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

June 12, 2026
CurrencyCodeBuyingSelling
USD156.6282159.7608
GBP209.8191214.0155
EUR180.9526184.5716
CHF196.3251200.2516
SEK16.522316.8528
NOK16.538016.8688
DKK24.211424.6956
DJF0.87720.8948
JPY0.97630.9958
CAD112.4476114.6965
SAR41.724142.5586
AED42.644343.4972
INR1.64401.6768
KSH1.20861.2327
AUD109.8747112.0722
SDR213.8132218.0894
ZAR9.46199.6511
CNY23.114823.5771
KWD509.6838519.8775
Weighted Average Exchange Rate

June 11, 2026
CurrencyCodeBuyingSelling
USD159.7608
EUR180.7020