“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

Your Development Partner!

FAQ

The current lending interest rate ranges from 7% to 13%.

Values

  • Commitment to mission
  • Customer focus
  • Integrity
  • Team work
  • High value to employees
  • Concern to the environment 

Exchange Rate

Prevailing Exchange Rate

April 15, 2026
CurrencyCodeBuyingSelling
USD153.8892156.9670
GBP206.5039210.6340
EUR179.8349183.4316
CHF194.5748198.4663
SEK16.509416.8396
NOK16.195616.5195
DKK24.065524.5468
DJF0.86190.8791
JPY0.96280.9820
CAD111.1274113.3499
SAR41.002141.8222
AED41.884942.7226
INR1.64881.6818
KSH1.18701.2107
AUD108.2611110.4263
SDR210.8436215.0605
ZAR9.27719.4627
CNY22.522122.9726
KWD501.9250511.9635
Weighted Average Exchange Rate

April 14, 2026
CurrencyCodeBuyingSelling
USD155.4281156.9670