“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

January 22, 2025

Code	Buying	Selling
USD	124.7763	127.2718
GBP	152.2645	155.3098
EUR	128.8066	131.3827
CHF	136.5915	139.3233
SEK	11.1894	11.4132
NOK	10.9213	11.1398
DKK	17.2660	17.6113
DJF	0.6988	0.7128
JPY	0.7978	0.8138
CAD	86.2728	87.9982
SAR	33.2551	33.9202
AED	33.9684	34.6478
INR	1.4414	1.4702
KSH	0.9617	0.9809
AUD	77.4237	78.9722
SDR	161.9472	165.1861
ZAR	6.6509	6.7839
CNY	17.0583	17.3995
KWD	404.3002	412.3862

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.