“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 29, 2024

Code	Buying	Selling
USD	119.3995	121.7875
GBP	155.0403	158.1411
EUR	129.2858	131.8715
CHF	137.7793	140.5348
SEK	11.2908	11.5167
NOK	10.9293	11.1479
DKK	17.3269	17.6734
DJF	0.6687	0.6821
JPY	0.7853	0.8010
CAD	86.2339	87.9586
SAR	31.7873	32.4231
AED	32.5065	33.1566
INR	1.4196	1.4480
KSH	0.9220	0.9404
AUD	79.2335	80.8182
SDR	158.7655	161.9408
ZAR	6.7772	6.9127
CNY	16.7578	17.0930
KWD	389.6364	397.4291

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.