“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

April 03, 2026
CurrencyCodeBuyingSelling
USD153.8892156.9670
GBP204.7342208.8289
EUR178.4961182.0660
CHF194.1820198.0656
SEK16.372416.6999
NOK15.899116.2171
DKK23.887324.3651
DJF0.86190.8791
JPY0.97060.9900
CAD110.7276112.9421
SAR40.998941.8188
AED41.894042.7319
INR1.64841.6813
KSH1.18151.2051
AUD106.8607108.9979
SDR208.7353212.9100
ZAR9.16459.3478
CNY22.383922.8316
KWD501.6018511.6339
Weighted Average Exchange Rate

April 02, 2026
CurrencyCodeBuyingSelling
USD156.9670