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 August 27, 2026
CurrencyCodeBuyingSelling
USD160.6349163.8476
GBP218.9454223.3243
EUR187.3806191.1282
CHF200.1930204.1969
SEK16.926017.2646
NOK17.227617.5721
DKK25.065125.5664
DJF0.89970.9177
JPY1.00931.0295
CAD116.1076118.4298
SAR42.781243.6368
AED43.736444.6111
INR1.67761.7111
KSH1.23951.2643
AUD115.0788117.3804
SDR220.7445225.1594
ZAR10.029810.2304
CNY23.895124.3730
KWD523.5895534.0612
Weighted Average Exchange Rate

August 27, 2026
CurrencyCodeBuyingSelling
EUR187.5091