“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

January 29, 2026
CurrencyCodeBuyingSelling
USD152.6315155.6841
GBP209.0594213.2406
EUR181.3873185.0150
CHF196.7154200.6497
SEK17.102017.4440
NOK15.648315.9612
DKK24.291224.7771
DJF0.85480.8719
JPY0.99221.0121
CAD111.3124113.5386
SAR40.701741.5158
AED41.552742.3838
INR1.66531.6986
KSH1.18181.2055
AUD105.7126107.8268
SDR210.2499214.4549
ZAR9.51989.7102
CNY21.945322.3842
KWD500.2650510.2703
Weighted Average Exchange Rate

January 28, 2026
CurrencyCodeBuyingSelling
EUR184.5480