“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

March 04, 2026
CurrencyCodeBuyingSelling
USD152.8349155.8916
GBP205.8992210.0172
EUR180.3757183.9833
CHF197.7677201.7231
SEK16.880717.2184
NOK16.053116.3741
DKK24.139224.6220
DJF0.85600.8731
JPY0.98000.9996
CAD111.7623113.9975
SAR40.745141.5600
AED41.605842.4380
INR1.67861.7122
KSH1.18381.2075
AUD108.6198110.7922
SDR210.2397214.4445
ZAR9.59989.7918
CNY22.284022.7297
KWD500.1981510.2020
Weighted Average Exchange Rate

March 03, 2026
CurrencyCodeBuyingSelling
USD155.8916