Month: March 2022
Coopbank donates Br 70 M to drought response efforts
The Cooperative Bank of Oromia, a community-oriented bank has donated humanitarian aid worth Br 70 M to drought-Stricken areas of Oromia Regional State.
The Supplies include food items such as 8,400 quintals of Corn Flour, 2,000 quintals of Corn Soya Blend, 168,000 liters of edible oil, and 56,000 rolls of animal feed (hay).
The distribution started on the 3rd of March, to the lowland areas currently affected by the drought, East Bale, Borena, Guji, East & West Hararge zones.
Adhering to its value ‘Concern for Community, Cooperative Bank Of Oromia is committed to upholding the victims.
Coopbank celebrates its 17th year anniversary
The Cooperative Bank of Oromia celebrates its 17th years anniversary, on March 08, 2022.
The bank has been celebrating its continued success and achievements with different events at all head office organs, districts, and branches.
Accordingly, at a celebration event held in the Dire Dawa District office, Coopbank president, Deribe Asfaw expressed heartfelt gratitude to colleagues who have made a significant contribution to the bank's growth over the past 17 years.
The Cooperative Bank of Oromia was founded on March 8, 2005, with the objective of changing the fate of its society's way of life through financial inclusion and paths over ups and downs, and now traveling towards its envisioned goal.
Currently, the bank has 8.7 million customers, has 556 branches, has increased its capital to over 79 billion in deposits, and its total assets have surpassed 96 billion.