“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 14, 2026
CurrencyCodeBuyingSelling
USD152.6162155.6685
GBP205.3909209.4987
EUR178.2252181.7897
CHF191.2484195.0733
SEK16.645316.9783
NOK15.159615.4628
DKK23.853424.3304
DJF0.85480.8718
JPY0.96620.9856
CAD109.9382112.1370
SAR40.695541.5094
AED41.548642.3795
INR1.69251.7264
KSH1.18221.2058
AUD102.3139104.3602
SDR208.2906212.4564
ZAR9.29189.4776
CNY21.886422.3241
KWD498.9939508.9738
Weighted Average Exchange Rate

January 13, 2026
CurrencyCodeBuyingSelling
USD153.4618155.4045