“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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Exchange Rate

October 17, 2024

Code	Buying	Selling
USD	113.3080	115.5742
GBP	148.3202	151.2866
EUR	123.6417	126.1145
CHF	131.5088	134.1390
SEK	10.9367	11.1555
NOK	10.4968	10.7068
DKK	16.5745	16.9060
DJF	0.6346	0.6473
JPY	0.7595	0.7747
CAD	82.0062	83.6463
SAR	30.1768	30.7804
AED	30.8464	31.4633
INR	1.3478	1.3747
KSH	0.8750	0.8925
AUD	76.1316	77.6543
SDR	151.6288	154.6613
ZAR	6.4419	6.5707
CNY	15.9241	16.2426
KWD	369.3274	376.7140

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.