“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 10, 2026
CurrencyCodeBuyingSelling
USD156.6282159.7608
GBP209.0986213.2806
EUR180.7020184.3160
CHF196.6950200.6289
SEK16.623716.9561
NOK16.564816.8961
DKK24.177724.6613
DJF0.87720.8948
JPY0.97910.9987
CAD112.3911114.6389
SAR41.704142.5382
AED42.644343.4972
INR1.63641.6691
KSH1.21001.2342
AUD110.7205112.9349
SDR214.3770218.6646
ZAR9.49969.6896
CNY23.096723.5587
KWD509.6838519.8775
Weighted Average Exchange Rate

June 09, 2026
CurrencyCodeBuyingSelling
USD160.9343