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 September 10, 2026
CurrencyCodeBuyingSelling
USD160.6349163.8476
GBP217.7567222.1118
EUR186.7059190.4401
CHF198.4127202.3809
SEK16.748217.0831
NOK17.353217.7002
DKK24.978625.4782
DJF0.89970.9177
JPY1.04381.0647
CAD116.5457118.8766
SAR42.776743.6322
AED43.736444.6111
INR1.69401.7278
KSH1.24041.2652
AUD116.0587118.3799
SDR220.3750224.7825
ZAR10.043310.2442
CNY23.937524.4162
KWD523.7501534.2251
Weighted Average Exchange Rate

September 09, 2026
CurrencyCodeBuyingSelling
USD165.8476
EUR186.7220