Month: December 2025
Coopbank Driving the Digital Agenda at the 2nd Ethiopian Digital Payments Conference
Addis Ababa – December 9, 2025: - Coopbank is an active participant in the 2nd Ethiopian Digital Payments Conference, which is being held today at the Skylight Hotel for the official launch of the National Digital Payment Strategy 2026–2030 (NDPS 2.0).
As a highlight of the conference, Coopbank has been invited as a presenter to showcase its digital solutions as a leading industry case study. This demonstration clearly underscores the Bank's commitment to and success in supporting Ethiopia’s national digitalization strategy and its robust efforts to expand digital financial inclusion. Furthermore, the Bank is exhibiting its innovative digital solutions at the expo, where the Coopbank stand has already attracted visitors, including several higher officials. Coopbank continues to lead the way in digital transformation, ensuring seamless and inclusive financial access for all Ethiopians.
Michu Hits Major Milestone, Disbursing Over ETB 40 Billion
Coopbank proudly announces that Michu, its fully digital lending platform, has disbursed over ETB 40 Billion to entrepreneurs nationwide, all without requiring collateral. In partnership with KIFIYA Financial Technology, Michu now serves 2.44 million accounts, providing fast and secure access to finance.
More than a loan service, Michu is a growth engine for businesses, helping entrepreneurs expand, create jobs, and unlock new opportunities. Accessible via mobile devices, it makes finance faster, more convenient, and more inclusive.
Coopbank continues to deliver innovative digital solutions that strengthen financial inclusion and empower Ethiopia’s digital economy.