“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

March 21, 2025

Code	Buying	Selling
USD	128.3104	130.8766
GBP	166.3159	169.6423
EUR	139.8327	142.6293
CHF	145.9732	148.8926
SEK	12.6943	12.9482
NOK	12.1016	12.3436
DKK	18.7451	19.1200
DJF	0.7186	0.7330
JPY	0.8563	0.8734
CAD	89.5522	91.3432
SAR	34.2079	34.8921
AED	34.9296	35.6282
INR	1.4852	1.5149
KSH	0.9893	1.0091
AUD	81.1948	82.8187
SDR	171.0378	174.4585
ZAR	7.0575	7.1987
CNY	17.7386	18.0934
KWD	416.5212	424.8516

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.