“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

March 24, 2026
CurrencyCodeBuyingSelling
USD153.6581156.7313
GBP203.7814207.8570
EUR176.1075179.6297
CHF193.8414197.7183
SEK16.318816.6452
NOK15.999116.3190
DKK23.569024.0404
DJF0.86060.8778
JPY0.96160.9808
CAD111.9141114.1524
SAR40.910041.7282
AED41.829942.6665
INR1.64761.6805
KSH1.18431.2079
AUD108.0677110.2291
SDR209.0057213.1859
ZAR9.02929.2097
CNY22.267422.7127
KWD501.0791511.1006
Weighted Average Exchange Rate

March 23, 2026
CurrencyCodeBuyingSelling
USD156.3400