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 September 29, 2026
CurrencyCodeBuyingSelling
USD161.6278164.8604
GBP214.1245218.4070
EUR184.2234187.9078
CHF194.9437198.8425
SEK16.303216.6292
NOK16.995617.3355
DKK24.642125.1350
DJF0.90520.9233
JPY1.02911.0497
CAD114.2488116.5338
SAR43.049143.9101
AED43.998344.8783
INR1.68671.7205
KSH1.24711.2721
AUD113.5112115.7814
SDR219.6037223.9958
ZAR9.895110.0930
CNY24.074324.5558
KWD525.1934535.6972
Weighted Average Exchange Rate

September 28, 2026
CurrencyCodeBuyingSelling
USD164.8604