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 October 29, 2026
CurrencyCodeBuyingSelling
USD161.6278164.8604
GBP215.2236219.5281
EUR180.1342183.7369
CHF194.8967198.7946
SEK16.267716.5931
NOK17.345417.6923
DKK24.098424.5803
DJF0.90520.9233
JPY1.02351.0440
CAD115.1851117.4889
SAR43.057143.9183
AED44.003144.8832
INR1.69911.7331
KSH1.24331.2682
AUD113.5759115.8474
SDR218.9733223.3528
ZAR9.70599.9000
CNY24.240824.7256
KWD524.4176534.9059
Weighted Average Exchange Rate

October 28, 2026
CurrencyCodeBuyingSelling
USD165.9673
EUR186.5777