“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

December 06, 2024

Code	Buying	Selling
USD	124.1197	126.6021
GBP	157.3093	160.4555
EUR	130.3009	132.9069
CHF	139.9636	142.7628
SEK	11.2697	11.4951
NOK	11.2079	11.4321
DKK	17.4716	17.8210
DJF	0.6952	0.7091
JPY	0.8221	0.8385
CAD	88.2535	90.0186
SAR	33.0229	33.6833
AED	33.7897	34.4655
INR	1.4641	1.4934
KSH	0.9548	0.9739
AUD	79.5235	81.1140
SDR	163.1429	166.4058
ZAR	6.8434	6.9803
CNY	17.0733	17.4148
KWD	403.3642	411.4315

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.