“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

May 13, 2026
CurrencyCodeBuyingSelling
USD154.3717157.4591
GBP209.7911213.9870
EUR181.6801185.3137
CHF198.2428202.2077
SEK16.706417.0405
NOK16.772417.1079
DKK24.312024.7983
DJF0.86460.8819
JPY0.98231.0019
CAD112.9604115.2196
SAR41.144941.9678
AED42.027642.8682
INR1.61951.6519
KSH1.19441.2183
AUD111.8114114.0477
SDR212.3074216.5535
ZAR9.39549.5833
CNY22.712123.1663
KWD503.9927514.0726
Weighted Average Exchange Rate

May 12, 2026
CurrencyCodeBuyingSelling
USD157.4591