The objective of the study was to investigate the determinant factors of private commercialrnbanks lending in Ethiopia. Balanced panel data was collected from audited annual financialrnstatements of private commercial banks, National Bank of Ethiopia (NBE) and Ministry ofrnFinance (MoF) to analyze the bank-specific determinants as well as the macroeconomicrndeterminants of private commercial banks lending. The collected balanced panel data wasrnanalyzed with descriptive statistics, and multiple linear regression analysis. Random effectrnpanel regression model was used for the data of ten private commercial banks in Ethiopia forrnthe sample covered the period from 2009 to 2018. Ten explanatory variables that affect banksrnlending were selected and analyzed with STATA 11 econometrics software package. Thernresults of panel data regression analysis showed that Capital adequacy ratio (CAR), Volumernof deposit (VD), Return on Asset(ROA) and Lending interest rate(LIR) had positive andrnstatistically significant effect on bankâ€™s lending .Credit risk(CR), Cash reserve requirementrn(CRr) and Liquidity ratio(LQr) had negative and statistically significant effect on bankâ€™srnlending. Management quality (MQ), Gross Domestic Product (GDP), and Inflation ratern(INFr) had negative correlation but statistically insignificant with commercial banks lending.rnThe study suggests that Ethiopian private commercial banks should/need to work more tornimprove their volume of deposit, capitalization, reduce their credit risks and considerrnmacroeconomic environment when extend loans.