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 28, 2026
CurrencyCodeBuyingSelling
USD161.6278164.8604
GBP215.7408220.0556
EUR180.9585184.5777
CHF195.5333199.4439
SEK16.246316.5712
NOK17.307317.6535
DKK24.209224.6934
DJF0.90520.9233
JPY1.02711.0477
CAD115.3496117.6565
SAR43.064043.9253
AED44.006744.8868
INR1.69791.7318
KSH1.24231.2672
AUD113.6243115.8968
SDR219.0703223.4517
ZAR9.72609.9205
CNY24.238224.7230
KWD524.6762535.1697
Weighted Average Exchange Rate

October 27, 2026
CurrencyCodeBuyingSelling