“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 04, 2025

Code	Buying	Selling
USD	124.7763	127.2718
GBP	154.8100	157.9062
EUR	129.4429	132.0318
CHF	136.9513	139.6903
SEK	11.2750	11.5005
NOK	11.0082	11.2283
DKK	17.3469	17.6938
DJF	0.6988	0.7128
JPY	0.8063	0.8224
CAD	86.0823	87.8040
SAR	33.2577	33.9229
AED	33.9684	34.6478
INR	1.4399	1.4687
KSH	0.9635	0.9828
AUD	77.4986	79.0485
SDR	162.8705	166.1279
ZAR	6.6897	6.8235
CNY	17.2058	17.5499
KWD	404.0007	412.0807

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.