“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

November 06, 2024

Code	Buying	Selling
USD	121.0859	123.5076
GBP	156.9879	160.1276
EUR	132.0684	134.7098
CHF	140.2756	143.0811
SEK	11.3450	11.5719
NOK	11.0497	11.2707
DKK	17.7096	18.0638
DJF	0.6782	0.6917
JPY	0.7981	0.8140
CAD	87.0871	88.8288
SAR	32.2354	32.8801
AED	32.9656	33.6249
INR	1.4391	1.4679
KSH	0.9350	0.9537
AUD	79.9288	81.5274
SDR	161.2380	164.4627
ZAR	6.9065	7.0447
CNY	17.0700	17.4114
KWD	395.1517	403.0548

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.