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 November 05, 2026
CurrencyCodeBuyingSelling
USD161.6278164.8604
GBP216.6782221.0118
EUR180.6352184.2479
CHF197.2273201.1719
SEK16.480016.8096
NOK17.499417.8494
DKK24.166824.6502
DJF0.90520.9233
JPY1.02101.0414
CAD115.7792118.0948
SAR43.060643.9218
AED44.006744.8868
INR1.70581.7400
KSH1.24281.2677
AUD112.7354114.9901
SDR219.1835223.5671
ZAR9.69649.8903
CNY24.221524.7060
KWD524.5954535.0873
Weighted Average Exchange Rate

November 04, 2026
3CodeBuyingSelling
USD166.4717
EUR181.2333