“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 19, 2026
CurrencyCodeBuyingSelling
USD157.2115160.3557
GBP210.8521215.0691
EUR182.3182185.9645
CHF198.2241202.1885
SEK16.749917.0849
NOK16.544216.8751
DKK24.390124.8779
DJF0.88050.8981
JPY0.98071.0003
CAD112.1978114.4417
SAR41.888442.7262
AED42.806643.6627
INR1.66301.6963
KSH1.21261.2368
AUD111.0699113.2913
SDR214.9710219.2704
ZAR9.71749.9117
CNY23.258523.7237
KWD512.0850522.3267
Weighted Average Exchange Rate

June 18, 2026
CurrencyCodeBuyingSelling
USD160.3557