“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

December 17, 2025
CurrencyCodeBuyingSelling
USD151.9618155.0010
GBP203.3553207.4224
EUR178.4943182.0642
CHF190.8588194.6760
SEK16.347216.6741
NOK14.988715.2885
DKK23.893724.3716
DJF0.85110.8681
JPY0.98020.9998
CAD110.3411112.5479
SAR40.498341.3083
AED41.372742.2001
INR1.67441.7079
KSH1.17711.2006
AUD101.0090103.0292
SDR207.7014211.8554
ZAR9.04329.2241
CNY21.563721.9950
KWD495.1219505.0244
Weighted Average Exchange Rate

December 16, 2025
CurrencyCodeBuyingSelling
EUR178.2569