“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

February 25, 2026
CurrencyCodeBuyingSelling
USD152.8349155.8916
GBP206.4035210.5316
EUR180.2688183.8741
CHF197.2572201.2024
SEK16.864717.2020
NOK15.989116.3089
DKK24.129324.6119
DJF0.85600.8731
JPY0.98691.0067
CAD111.7541113.9892
SAR40.737541.5523
AED41.605842.4380
INR1.68161.7152
KSH1.18381.2075
AUD108.1613110.3245
SDR209.8270214.0236
ZAR9.55759.7486
CNY22.120222.5626
KWD500.5190510.5294
Weighted Average Exchange Rate

February 24, 2026
CurrencyCodeBuyingSelling
USD155.8916