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Besides our dedication to serve the society by providing full-fledged banking services, the bank persistently discharges its social responsibilities for a better life within the communities. Our bank believes that being socially responsible is behaving ethically and with sensitivity toward social, cultural, economic, and environmental issues. Accordingly, we continued to promote social responsibility through sustainable practices. Thus, we delivered value on every front to our customers, our people, and communities.
Our bank uses different approaches as corporate entity, to accomplish its social responsibility, and donation is one of it. In the FY 2012/13 we were involved in various social aspects via donations and sponsorships to sectors like public health, education, community development, environmental protection efforts, natural disasters, and other humanitarian endeavors. In this preceding FY, our bank participated in the various social activities like funding medication expense, sponsorship to socio-cultural novels, and funds made to self-help groups participating on community development.
CBO participated on community development by collaborating with Oromia Development Association (ODA), which is contributing to sustainable development, focusing primarily on the rural community, through construction of basic infrastructure, provision of social services such as education, health, water, preserving and maintaining the ecological balance. CBO supported the association on fund raising program having targeted to construct boarding schools.
Likewise, CBO had also been involved in environmental protection issues by working together with an indigenous non-profit and non-governmental organization like Association for Development and Biodiversity Conservation, which is working overall the country. The bank sponsored the forum organized by this association with the motto of "conservation for a better quality environment through participation!'' evolved out on the humanitarian initiatives, dedicated for development, biodiversity, conversation and mitigation of climate change.
Our bank also participated in supporting humanitarian endeavors. It thus supported 'Nehemiah Autism Center', which is serving autistic children to reach their full potential. It too had backed 'Macedonians Humanitarian Association' that works in supporting elderly people and people with disabilities by providing them with shelter, clothing, food, and other basic services. More generally, the bank participates in the development endeavor of the country via various mechanisms. At CBO, therefore, socially responsible approach is at the heart of what we do.