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 27, 2026
CurrencyCodeBuyingSelling
USD159.9020163.1001
GBP213.4372217.7059
EUR182.0804185.7220
CHF195.8383199.7551
SEK16.410516.7387
NOK16.622516.9550
DKK24.355324.8424
DJF0.89560.9135
JPY0.97800.9976
CAD113.5264115.7970
SAR42.598543.4505
AED43.533344.4039
INR1.65561.6887
KSH1.23381.2585
AUD111.7555113.9906
SDR217.0510221.3920
ZAR9.71979.9141
CNY23.617824.0902
KWD519.4097529.7979
Weighted Average Exchange Rate

July 24, 2026
CurrencyCodeBuyingSelling
USD163.1001