“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 31, 2024

Code	Buying	Selling
USD	120.1055	122.5076
GBP	155.8009	158.9169
EUR	129.5698	132.1612
CHF	138.1635	140.9267
SEK	11.2433	11.4682
NOK	10.9348	11.1535
DKK	17.3703	17.7177
DJF	0.6727	0.6861
JPY	0.7811	0.7967
CAD	86.4068	88.1350
SAR	31.9625	32.6018
AED	32.6987	33.3526
INR	1.4283	1.4568
KSH	0.9292	0.9478
AUD	78.7412	80.3160
SDR	159.7043	162.8984
ZAR	6.7808	6.9164
CNY	16.8272	17.1637
KWD	390.8233	398.6398

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.