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 September 04, 2026
CurrencyCodeBuyingSelling
USD160.6349163.8476
GBP216.8250221.1615
EUR186.2562189.9813
CHF197.4857201.4355
SEK16.677017.0106
NOK17.209817.5540
DKK24.912025.4102
DJF0.89970.9177
JPY1.01021.0304
CAD115.5065117.8166
SAR42.777843.6334
AED43.732844.6074
INR1.69121.7251
KSH1.24041.2652
AUD114.9985117.2985
SDR219.8128224.2091
ZAR10.006810.2070
CNY23.903624.3817
KWD522.8987533.3567
Weighted Average Exchange Rate

September 03, 2026
CurrencyCodeBuyingSelling
USD163.8476