Month: December 2023
Coopbank Unveils State-of-the-Art Transitional Headquarters
Coopbank has inaugurated its modern and feature-packed Transitional Headquarters, strategically positioned on the main road to Bole International Airport.
The G+15+4B floor building, spanning 13,300 sq.m, seamlessly merges cutting-edge design with functionality, featuring a fully automated mechanical parking system across four underground floors. This avant-garde system, integrated with robotic precision, can accommodate up to 66 cars simultaneously.
The inaugural ceremony, graced by the esteemed presence of Addis Ababa City Mayor Adanech Abiebie and other dignitaries, marked a pivotal moment in the architectural landscape. City Mayor Adanech Abiebie acknowledged Coopbank's unwavering dedication to progress, stating, "This building symbolizes Coopbank's commitment to shaping our collective future—an embodiment of innovation and dedication to the community."
President Obbo Deribie Asfaw expressed pride in the accomplishment, highlighting the uniqueness of the Transitional Headquarters as the city's first asset of its kind. He emphasized the bank's ambitious vision for future mega construction projects, setting the stage for continued growth and development.
As of the fiscal year ending in June 2023, the Cooperative Bank of Oromia boasts fixed assets totaling Birr 140.3 billion and a customer base exceeding 12 million. With a total capital of 14.8 billion Birr, Coopbank stands as a financial powerhouse, poised to shape the future of banking in the region. The unveiling of the Transitional Headquarters marks not only a milestone but a promising chapter in Coopbank's commitment to innovation and community prosperity.