“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 05, 2025

Code	Buying	Selling
USD	124.9830	127.4827
GBP	155.2539	158.3590
EUR	129.1074	131.6896
CHF	137.4497	140.1987
SEK	11.3123	11.5386
NOK	11.0200	11.2404
DKK	17.3054	17.6515
DJF	0.7000	0.7140
JPY	0.8048	0.8209
CAD	86.6133	88.3456
SAR	33.3208	33.9872
AED	34.0256	34.7062
INR	1.4351	1.4638
KSH	0.9662	0.9856
AUD	77.5520	79.1030
SDR	162.1904	165.4342
ZAR	6.6641	6.7974
CNY	17.2343	17.5790
KWD	404.4325	412.5211

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.