“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

July 01, 2026
CurrencyCodeBuyingSelling
USD158.0197161.1801
GBP208.9653213.1446
EUR180.1425183.7453
CHF195.3513199.2584
SEK16.246316.5712
NOK15.905416.2235
DKK24.100124.5821
DJF0.88500.9027
JPY0.97630.9959
CAD111.2110113.4352
SAR42.076942.9184
AED43.024343.8848
INR1.67131.7047
KSH1.21931.2437
AUD109.0020111.1820
SDR214.2905218.5763
ZAR9.62449.8169
CNY23.257723.7228
KWD513.1374523.4001
Weighted Average Exchange Rate

June 30, 2026
CurrencyCodeBuyingSelling
USD159.5999161.4466