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

July 16, 2026
CurrencyCodeBuyingSelling
USD159.4380162.6268
GBP213.1845217.4482
EUR181.6477185.2807
CHF196.1348200.0575
SEK16.448916.7779
NOK16.377116.7047
DKK24.300924.7869
DJF0.89300.9108
JPY0.98271.0023
CAD113.0606115.3218
SAR42.448943.2979
AED43.410544.2787
INR1.65721.6903
KSH1.23171.2563
AUD110.6659112.8792
SDR216.6762221.0098
ZAR9.67219.8655
CNY23.514923.9852
KWD517.9981528.3581
Weighted Average Exchange Rate

July 15, 2026
CurrencyCodeBuyingSelling