“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

June 29, 2026
CurrencyCodeBuyingSelling
USD158.0197161.1801
GBP208.1435212.3064
EUR179.3840182.9716
CHF194.5816198.4732
SEK16.200716.5247
NOK15.976816.2963
DKK24.000624.4806
DJF0.88500.9027
JPY0.97630.9959
CAD110.9611113.1803
SAR42.085842.9276
AED43.017343.8776
INR1.67381.7073
KSH1.21741.2418
AUD108.9230111.1014
SDR213.7849218.0605
ZAR9.54039.7311
CNY23.242323.7071
KWD513.1374523.4001
Weighted Average Exchange Rate

June 26, 2026
CurrencyCodeBuyingSelling
USD161.1801