“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

February 20, 2025

Code	Buying	Selling
USD	124.9830	127.4827
GBP	157.4911	160.6409
EUR	130.7572	133.3724
CHF	138.6389	141.4117
SEK	11.6658	11.8991
NOK	11.2255	11.4501
DKK	17.5334	17.8840
DJF	0.7000	0.7140
JPY	0.8236	0.8401
CAD	88.0968	89.8588
SAR	33.3235	33.9899
AED	34.0247	34.7052
INR	1.4367	1.4655
KSH	0.9651	0.9844
AUD	79.4517	81.0407
SDR	163.7902	167.0660
ZAR	6.7827	6.9183
CNY	17.1704	17.5138
KWD	404.8824	412.9801

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.