“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 14, 2024

Code	Buying	Selling
USD	112.7310	123.7200
GBP	147.2041	161.5783
EUR	123.1812	135.2012
CHF	131.3269	144.1454
SEK	10.8479	11.9074
NOK	10.4931	11.5193
DKK	16.5108	18.1216
DJF	0.6314	0.6966
JPY	0.7554	0.8291
CAD	82.0041	90.0044
SAR	30.0056	32.9700
AED	30.6893	33.6864
INR	1.3402	1.4719
KSH	0.8705	0.9628
AUD	75.8454	83.2512
SDR	150.8792	165.5868
ZAR	6.4516	7.0819
CNY	15.9563	17.5166
KWD	367.5707	403.5375

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.