“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

March 12, 2026
CurrencyCodeBuyingSelling
USD153.2745156.3400
GBP206.3688210.4962
EUR178.4728182.0423
CHF197.7735201.7290
SEK16.834517.1712
NOK16.006116.3262
DKK23.889024.3668
DJF0.85840.8756
JPY0.97180.9913
CAD112.9926115.2525
SAR40.838441.6551
AED41.725542.5600
INR1.66741.7008
KSH1.18591.2096
AUD109.1928111.3766
SDR208.7139212.8882
ZAR9.40479.5928
CNY22.285422.7311
KWD500.5639510.5751
Weighted Average Exchange Rate

March 11, 2026
CurrencyCodeBuyingSelling
USD156.3400
EUR177.2006