“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

October 15, 2024

Code	Buying	Selling
USD	113.3080	115.5742
GBP	147.6517	150.6047
EUR	123.6417	126.1145
CHF	131.2651	133.8904
SEK	10.8594	11.0766
NOK	10.5168	10.7271
DKK	16.5706	16.9020
DJF	0.6346	0.6473
JPY	0.7559	0.7710
CAD	82.1311	83.7737
SAR	30.1744	30.7779
AED	30.8455	31.4624
INR	1.3475	1.3745
KSH	0.8750	0.8925
AUD	75.9504	77.4694
SDR	151.6288	154.6613
ZAR	6.4434	6.5723
CNY	15.9825	16.3022
KWD	369.2594	376.6446

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.