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 20, 2026
CurrencyCodeBuyingSelling
USD161.6278164.8604
GBP215.5468219.8578
EUR181.8474185.4844
CHF196.1741200.0975
SEK16.310916.6371
NOK17.115117.4574
DKK24.328324.8149
DJF0.90520.9233
JPY1.02291.0434
CAD114.1359116.4186
SAR43.067443.9288
AED44.007944.8881
INR1.70191.7359
KSH1.24331.2682
AUD112.4606114.7098
SDR218.8440223.2209
ZAR9.833710.0304
CNY24.172624.6561
KWD524.4176534.9059
Weighted Average Exchange Rate

October 19, 2026
CurrencyCodeBuyingSelling
USD166.1849
EUR180.0534