“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 29, 2026
CurrencyCodeBuyingSelling
USD154.2570157.3421
GBP208.9410213.1199
EUR181.1594184.7826
CHF196.6560200.5891
SEK16.743817.0786
NOK16.625916.9584
DKK24.242024.7269
DJF0.86390.8812
JPY0.96900.9883
CAD113.1580115.4211
SAR41.125341.9478
AED41.995342.8352
INR1.63711.6698
KSH1.19211.2159
AUD110.7256112.9402
SDR211.1623215.3856
ZAR9.35129.5383
CNY22.601123.0531
KWD503.3713513.4387
Weighted Average Exchange Rate

April 28, 2026
CurrencyCodeBuyingSelling
USD154.0413157.1221