“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

January 27, 2026
CurrencyCodeBuyingSelling
USD152.6315155.6841
GBP206.4799210.6095
EUR179.1283182.7109
CHF192.9114196.7696
SEK16.919817.2582
NOK15.488415.7981
DKK23.983624.4633
DJF0.85480.8719
JPY0.96410.9834
CAD110.7390112.9537
SAR40.700641.5147
AED41.552742.3838
INR1.66091.6941
KSH1.18231.2059
AUD104.5373106.6281
SDR208.5709212.7424
ZAR9.45419.6432
CNY21.917822.3562
KWD499.2882509.2739
Weighted Average Exchange Rate

January 26, 2026
CurrencyCodeBuyingSelling
USD155.6841