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

July 28, 2026
CurrencyCodeBuyingSelling
USD160.1367163.3395
GBP213.3341217.6008
EUR182.3156185.9619
CHF196.0537199.9748
SEK16.470916.8003
NOK16.709317.0435
DKK24.390324.8781
DJF0.89690.9148
JPY0.97780.9973
CAD113.7335116.0081
SAR42.657643.5108
AED43.597244.4691
INR1.65821.6914
KSH1.23561.2603
AUD111.9516114.1906
SDR217.3375221.6843
ZAR9.48639.6760
CNY23.645124.1180
KWD520.1720530.5755
Weighted Average Exchange Rate

July 27, 2026
CurrencyCodeBuyingSelling