“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 18, 2026
CurrencyCodeBuyingSelling
USD153.2745156.3400
GBP203.6558207.7289
EUR176.0358179.5565
CHF194.7085198.6026
SEK16.353816.6809
NOK15.799916.1159
DKK23.560424.0316
DJF0.85840.8756
JPY0.96370.9830
CAD111.9936114.2335
SAR40.844941.6618
AED41.717642.5519
INR1.66111.6943
KSH1.18181.2054
AUD108.1505110.3135
SDR208.1314212.2941
ZAR9.15349.3365
CNY22.224022.6685
KWD499.1844509.1681
Weighted Average Exchange Rate

March 17, 2026
CurrencyCodeBuyingSelling