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 August 06, 2026
CurrencyCodeBuyingSelling
USD160.1367163.3395
GBP215.3839219.6915
EUR184.4615188.1507
CHF197.8462201.8031
SEK16.779117.1147
NOK16.803117.1391
DKK24.674425.1679
DJF0.89690.9148
JPY1.01551.0358
CAD114.0088116.2889
SAR42.637243.4899
AED43.601944.4739
INR1.67881.7124
KSH1.23561.2603
AUD112.6722114.9256
SDR218.7948223.1707
ZAR9.73399.9285
CNY23.710324.1845
KWD521.1969531.6209
Weighted Average Exchange Rate

August 05, 2026
CurrencyCodeBuyingSelling