“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

0 +

Branches

0 +

Exchange Rate

November 20, 2024

Code	Buying	Selling
USD	121.2433	123.6682
GBP	152.9848	156.0445
EUR	127.7662	130.3215
CHF	136.5968	139.3287
SEK	11.0091	11.2293
NOK	10.9174	11.1358
DKK	17.1296	17.4722
DJF	0.6790	0.6926
JPY	0.7819	0.7976
CAD	86.0309	87.7515
SAR	32.2928	32.9387
AED	33.0084	33.6686
INR	1.4358	1.4645
KSH	0.9326	0.9513
AUD	78.2262	79.7907
SDR	159.3864	162.5742
ZAR	6.6954	6.8293
CNY	16.7352	17.0699
KWD	393.9559	401.8350

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.