“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

Your Development Partner!

FAQ

The current lending interest rate ranges from 7% to 13%.

Values

  • Commitment to mission
  • Customer focus
  • Integrity
  • Team work
  • High value to employees
  • Concern to the environment 

Exchange Rate

Prevailing Exchange Rate

December 19, 2025
CurrencyCodeBuyingSelling
USD151.9618155.0010
GBP202.6715206.7249
EUR178.0232181.5837
CHF190.8349194.6516
SEK16.284516.6102
NOK14.870815.1682
DKK23.826724.3032
DJF0.85110.8681
JPY0.97710.9967
CAD110.2051112.4092
SAR40.511341.3215
AED41.371542.1990
INR1.68121.7148
KSH1.17801.2016
AUD100.5987102.6107
SDR208.1117212.2739
ZAR9.07319.2546
CNY21.572322.0038
KWD495.1371505.0399
Weighted Average Exchange Rate

December 18, 2025
CurrencyCodeBuyingSelling
USD151.9618
EUR178.9046