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

FINANCING

Murabaha Financing: - A contract of promise to sell and to buy commodity, machinery, vehicle etc on agreed profit added to the cost (mark-up).

Ijaraha Financing: - is a form of financing applicable to financing and operating leases of properties.

Salam: - is a sale whereby the seller undertakes to supply some specific goods to the buyer at a future date in exchange of an advanced price fully paid at spot. Salam is used to finance agricultural like goods.

Istisna: - Sales transaction concluded before the commodity came into existence. CBO shall act as a manufacturer or constructor to undertake house construction, plant, power station, roads projects etc as per specification.

Exchange Rates

April 24,2017
 BuyingSelling
USD22.8341023.29080
GBP29.2550029.84010
EUR24.4850024.97470
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Foreign Remittance

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