“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

Your Development Partner!

FAQ

The current lending interest rate ranges from 7% to 13%.

Values

  • Commitment to mission
  • Customer focus
  • Integrity
  • Team work
  • High value to employees
  • Concern to the environment 

Exchange Rate

Prevailing Exchange Rate

January 06, 2026
CurrencyCodeBuyingSelling
USD152.2203155.2647
GBP204.6145208.7068
EUR178.3565181.9237
CHF191.8340195.6707
SEK16.486516.8163
NOK15.096415.3984
DKK23.880324.3579
DJF0.85250.8696
JPY0.97020.9896
CAD110.9316113.1502
SAR40.587841.3995
AED41.444242.2731
INR1.68791.7216
KSH1.17861.2022
AUD101.8506103.8876
SDR208.7245212.8990
ZAR9.20959.3936
CNY21.763522.1987
KWD494.4572504.3463
Weighted Average Exchange Rate

January 05, 2026
CurrencyCodeBuyingSelling
USD153.0834155.2325