“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

April 28, 2026
CurrencyCodeBuyingSelling
USD154.0413157.1221
GBP207.8325211.9892
EUR180.2745183.8800
CHF195.7074199.6216
SEK16.628316.9609
NOK16.455816.7849
DKK24.123624.6061
DJF0.86270.8800
JPY0.96510.9844
CAD112.4471114.6961
SAR41.067841.8892
AED41.935442.7741
INR1.63431.6669
KSH1.19001.2138
AUD109.8160112.0124
SDR210.8671215.0845
ZAR9.28849.4742
CNY22.531522.9822
KWD502.3287512.3753
Weighted Average Exchange Rate

April 27, 2026
CurrencyCodeBuyingSelling
USD157.1221