“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

January 17, 2025

Code	Buying	Selling
USD	124.7763	127.2718
GBP	152.5265	155.5771
EUR	128.6568	131.2300
CHF	136.8461	139.5831
SEK	11.1917	11.4155
NOK	10.9925	11.2124
DKK	17.2429	17.5877
DJF	0.6988	0.7128
JPY	0.7956	0.8115
CAD	86.9946	88.7345
SAR	33.2435	33.9084
AED	33.9684	34.6478
INR	1.4440	1.4729
KSH	0.9617	0.9809
AUD	77.4362	78.9849
SDR	161.5853	164.8170
ZAR	6.6118	6.7441
CNY	17.0183	17.3586
KWD	404.3251	412.4116

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.