“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

June 02, 2026
CurrencyCodeBuyingSelling
USD155.9734159.0929
GBP208.9264213.1049
EUR181.0539184.6750
CHF197.5347201.4854
SEK16.732517.0671
NOK16.776417.1119
DKK24.225924.7104
DJF0.87360.8910
JPY0.97800.9976
CAD112.5593114.8105
SAR41.563042.3942
AED42.460243.3094
INR1.62971.6623
KSH1.20351.2276
AUD110.9907113.2105
SDR213.4340217.7027
ZAR9.52579.7162
CNY23.004623.4647
KWD508.4733518.6427
Weighted Average Exchange Rate

May 28, 2026
CurrencyCodeBuyingSelling
USD157.6548
EUR179.3246