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 15, 2026
CurrencyCodeBuyingSelling
USD161.6278164.8604
GBP218.1490222.5120
EUR187.4721191.2215
CHF198.5843202.5560
SEK16.694717.0286
NOK17.416217.7646
DKK25.081125.5827
DJF0.90520.9233
JPY1.04751.0684
CAD116.8844119.2221
SAR43.043443.9042
AED44.001944.8819
INR1.69331.7272
KSH1.24811.2731
AUD115.7093118.0235
SDR222.0604226.5016
ZAR9.970910.1703
CNY24.100524.5825
KWD526.9874537.5272
Weighted Average Exchange Rate

September 14, 2026
CurrencyCodeBuyingSelling