“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 08, 2026
CurrencyCodeBuyingSelling
USD155.9734159.0929
GBP209.8622214.0595
EUR181.5062185.1364
CHF197.9860201.9458
SEK16.680817.0144
NOK16.742217.0770
DKK24.286224.7719
DJF0.87360.8910
JPY0.97560.9951
CAD112.2272114.4718
SAR41.543142.3739
AED42.469543.3189
INR1.62821.6608
KSH1.20441.2285
AUD111.3650113.5923
SDR213.3092217.5754
ZAR9.59559.7874
CNY23.024623.4851
KWD508.0522518.2132
Weighted Average Exchange Rate

June 05, 2026
CurrencyCodeBuyingSelling
USD159.0929