Baankii Hojii Gamtaa Oromiyaa (W.A)
የኦሮሚያ ኅብረት ሥራ ባንክ (አ.ማ)
Cooperative Bank of Oromia (S.C)
Swift Code: CBORETAA

Establishment

CBO (S.C.) was registered commercially on October 29, 2004 in accordance with article 304 of Commercial Code of Ethiopia. It was established in line with proclamation no. 84/1994 with authorized capital of Birr 300 million. It started operation on 8th march 2005, with paid up share capital of birr 112 million.

Ownership

Cooperative 62.86 
  • Primary Cooperatives
  • Cooperatives Union
  • Cooperatives  Federation
51.62
10.73
0.52 
Non-Cooperative 37.14
  • Organizations and Associations
  • Individuals
20.47
16.67

Salient Features

  • Broad ownership base and diversified ownership structure
  • First bank of its kind in the country
  • First private bank in the country established with big up capital
  • Social and Cultural values oriented services

Vision

  • To be competent, reputable and socially responsible Bank in Africa.

Mission

To Provide full-fledged and customer responsive banking services for cooperative societies, individuals, & other entities with special emphasis to agricultural and agro-based businesses financing, and to maximize shareholders value through use of competent and disciplined employee, visionary leaders and modern banking technologies.

Objectives

  • To promote saving culture and create access to loans
  • To maximize shareholder's value

CBO Values

  • Respect to social-culture attributes of the people
  • Integrity, honesty and loyalty
  • Valuing customers comments
  • Accountability and social responsibilities
  • Professionalism
  • Transparency
  • Team sprit
  • Shared vision

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May 29,2017
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EUR25.6448026.15770
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