“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

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

June 09, 2026
CurrencyCodeBuyingSelling
USD156.6282159.7608
GBP210.3047214.5108
EUR181.7514185.3864
CHF197.8628201.8201
SEK16.698117.0321
NOK16.765717.1010
DKK24.317824.8041
DJF0.87720.8948
JPY0.97860.9982
CAD112.8445115.1014
SAR41.717542.5518
AED42.645443.4984
INR1.64951.6825
KSH1.21001.2342
AUD111.5506113.7816
SDR214.2674218.5527
ZAR9.58719.7788
CNY23.150023.6130
KWD510.1850520.3887
Weighted Average Exchange Rate

June 08, 2026
CurrencyCodeBuyingSelling
USD159.0929