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

July 20, 2026
CurrencyCodeBuyingSelling
USD159.4380162.6268
GBP215.2572219.5624
EUR182.7319186.3865
CHF197.5443201.4952
SEK16.573816.9052
NOK16.496316.8262
DKK24.443924.9328
DJF0.89300.9108
JPY0.98331.0029
CAD113.6003115.8723
SAR42.454543.3036
AED43.405744.2739
INR1.65471.6878
KSH1.23311.2577
AUD111.6863113.9200
SDR216.5487220.8797
ZAR9.73829.9329
CNY23.560424.0316
KWD518.4127528.7809
Weighted Average Exchange Rate

July 17, 2026
CurrencyCodeBuyingSelling
USD164.6268