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 October 16, 2026
CurrencyCodeBuyingSelling
USD161.6278164.8604
GBP212.8638217.1211
EUR180.0534183.6544
CHF193.3578197.2250
SEK16.092116.4140
NOK16.951217.2902
DKK24.088324.5701
DJF0.90520.9233
JPY1.01991.0403
CAD113.3832115.6509
SAR43.047943.9089
AED43.998344.8783
INR1.69851.7325
KSH1.24521.2701
AUD112.5576114.8088
SDR218.6178222.9901
ZAR9.72529.9198
CNY24.149124.6321
KWD524.4176534.9059
Weighted Average Exchange Rate

October 15, 2026
CurrencyCodeBuyingSelling
USD164.8604
EUR186.4952