“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

May 12, 2026
CurrencyCodeBuyingSelling
USD154.3717157.4591
GBP209.9764214.1759
EUR181.5874185.2192
CHF198.2428202.2077
SEK16.763317.0986
NOK16.790317.1261
DKK24.301724.7877
DJF0.86460.8819
JPY0.98461.0043
CAD113.0763115.3378
SAR41.148241.9712
AED42.026542.8670
INR1.63371.6664
KSH1.19301.2168
AUD111.6879113.9217
SDR212.4000216.6480
ZAR9.40639.5944
CNY22.697423.1513
KWD504.0699514.1513
Weighted Average Exchange Rate

May 11, 2026
CurrencyCodeBuyingSelling
USD154.3717157.4591
EUR181.6955