“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

Your Development Partner!

FAQ

The current lending interest rate ranges from 7% to 13%.

Values

  • Commitment to mission
  • Customer focus
  • Integrity
  • Team work
  • High value to employees
  • Concern to the environment 

Exchange Rate

Prevailing Exchange Rate

April 22, 2026
CurrencyCodeBuyingSelling
USD154.0413157.1221
GBP208.1098212.2720
EUR181.2142184.8385
CHF197.0846201.0263
SEK16.810517.1467
NOK16.501516.8315
DKK24.244724.7296
DJF0.86270.8800
JPY0.96940.9887
CAD112.4882114.7379
SAR41.065641.8869
AED41.936542.7753
INR1.65391.6870
KSH1.19321.2171
AUD110.2320112.4366
SDR211.6373215.8701
ZAR9.40359.5916
CNY22.593323.0452
KWD502.7446512.7995
Weighted Average Exchange Rate

April 21, 2026
CurrencyCodeBuyingSelling
USD157.1221