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 October 19, 2026
CurrencyCodeBuyingSelling
USD161.6278164.8604
GBP214.2700218.5554
EUR181.2979184.9239
CHF194.7088198.6030
SEK16.223916.5484
NOK17.016317.3566
DKK24.254224.7393
DJF0.90520.9233
JPY1.02341.0439
CAD113.8464116.1234
SAR43.068643.9300
AED44.006744.8868
INR1.70021.7342
KSH1.24281.2677
AUD111.7656114.0009
SDR218.6501223.0231
ZAR9.77499.9704
CNY24.155324.6384
KWD524.4176534.9059
Weighted Average Exchange Rate

October 16, 2026
CurrencyCodeBuyingSelling
USD163.2441164.8604
EUR185.6544