“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

July 08, 2026
CurrencyCodeBuyingSelling
USD158.7913161.9671
GBP212.0817216.3233
EUR181.2920184.9179
CHF196.7187200.6530
SEK16.440116.7689
NOK16.134016.4567
DKK24.253324.7384
DJF0.88930.9071
JPY0.97830.9978
CAD111.5656113.7969
SAR42.282343.1280
AED43.227344.0919
INR1.66441.6977
KSH1.22761.2522
AUD110.1059112.3080
SDR215.5751219.8866
ZAR9.76849.9638
CNY23.362723.8299
KWD516.1352526.4579
Weighted Average Exchange Rate

July 07, 2026
CurrencyCodeBuyingSelling
USD163.9671