Month: May 2026
Banking Convenience Without Limits: Coopbank Modern CRM
Banking Convenience Without Limits: Coopbank Modern CRM
In a world where speed, access, and reliability define everyday life, banking must keep up. Customers no longer want to wait in queues or depend on limited banking hours. They expect services that are always available, multifunctional, and effortless. Coopbank responds to this demand with its Modern ATM Cash Recycling Machine CRM, a smarter and more powerful self service banking experience built around true convenience.
One Machine, Multiple Banking Services
Coopbank’s Modern CRM goes far beyond the traditional ATM experience. It brings multiple essential banking services together in a single easy to use machine, allowing customers to:
Deposit cash instantly into their accounts
Withdraw cash quickly and securely
Complete key transactions without visiting a branch
This multi functionality transforms everyday banking into a faster, smoother, and more convenient experience for individuals, businesses, and organizations alike.
Banking That Never Stops
Convenience means nothing without availability. That is why the CRM is designed for uninterrupted service, ensuring customers can access their money whenever they need it.
Even during power interruptions or peak demand periods, the CRM continues to operate smoothly through its self powered capability. This ensures banking is not limited by time, location, or operational disruptions. It simply works when customers need it most.
Smarter Cash Availability Through Recycling Technology
At the heart of the Modern CRM is its cash recycling technology, a smart innovation that keeps banking flowing efficiently.
Instead of only dispensing cash, the machine also recycles deposited cash for future withdrawals. This improves cash availability within the machine, reduces downtime caused by cash shortages, and ensures continuous service without unnecessary interruptions.
The result is a more efficient, reliable, and sustainable way of managing cash for both the bank and its customers.
Designed Around True Customer Convenience
Every feature of the Coopbank CRM is built with one goal in mind, maximum customer convenience.
Whether it is a business owner depositing daily sales or a customer withdrawing cash on the go, the CRM delivers a faster and more flexible banking experience without the constraints of traditional banking systems.
The Future of Everyday Banking
Coopbank continues to lead digital transformation in banking by introducing solutions that simplify financial life. The Modern CRM is more than just a machine. It is a shift toward smarter, uninterrupted, and customer centered banking.
With its combination of multi functionality, uninterrupted service, and intelligent cash recycling, Coopbank’s CRM ensures that banking is always within reach.
Experience the next generation of banking with Coopbank Modern ATM, where convenience is continuous and banking never stops
Michu Digital Loan — A Story of Growth, Dreams, and Digital Possibilities
In the heart of Ethiopia, where bustling markets meet quiet home based workshops, and where young dreams rise beside long established businesses, a quiet transformation has been unfolding.
It begins with people, not numbers.
A young woman opening her first small tailoring shop in a crowded street of Addis Ababa. A father running a modest retail stall, carefully counting daily earnings. A woman trader in a rural town, waking before sunrise to prepare goods for the market. A young entrepreneur with big ideas but limited capital.
They all share one thing in common, the need for opportunity.
For many years, that opportunity often came with barriers. Long queues. Paperwork. Collateral requirements. Waiting times that slowed dreams down.
Until something changed.
The Arrival of Michu
One day, a different kind of solution arrived quietly but powerfully.
Michu Digital Loan.
Not a building to visit. Not a queue to stand in. But a digital companion carried in the palm of a hand.
A system designed not just to lend money but to open doors.
Through a simple mobile experience, entrepreneurs could now access financial support quickly, safely, and conveniently whenever opportunity knocked.
And for many, that moment changed everything.
Since its launch, Michu has already disbursed over ETB 53 billion, helping millions of entrepreneurs across Ethiopia access finance without collateral and move their businesses forward.
Three Paths, One Purpose
Michu was never designed as one size fits all. Instead, it recognized the diversity of Ethiopia’s entrepreneurs and responded with three meaningful paths.
Michu Wabi, For the Builders of Bigger Dreams
For formal traders and growing businesses, Michu Wabi offers up to ETB 300,000, enabling expansion, stronger cash flow, and sustainable growth.
For many, it meant expansion. New stock. New branches. Stronger cash flow. The confidence to grow beyond limits.
Michu Guyya, For the Everyday Hustlers
For informal traders and daily earners, Michu Guyya provides quick support of up to ETB 15,000.
It became the small but powerful push that kept businesses moving. Buying goods. Restocking shelves. Sustaining daily life without interruption.
Michu Kiyya, For Women Who Lead Change
For women entrepreneurs, Michu Kiyya offers up to ETB 75,000, a recognition of strength, resilience, and leadership.
It became more than finance. It became trust. It became empowerment. It became momentum.
A Shift Beyond Banking
Michu was not just another financial product.
It was a shift in how people accessed opportunity.
No long paperwork. No unnecessary barriers. No waiting for weeks.
Just a digital pathway that understood the urgency of real life.
Behind it was a simple belief. Finance should not slow people down. It should move with them.
And so, entrepreneurs began to experience something new.
Faster decisions. Simpler access. More time to focus on what truly mattered, building, selling, growing, and dreaming.
Where Stories Begin to Multiply
Soon, the impact began to echo across neighborhoods and towns.
A shop expanded its shelves. A small café hired an extra worker. A woman led business moved from survival to stability. A young entrepreneur turned a side idea into a growing venture.
And with each success story, another followed.
Because when one business grows, it does not grow alone. It creates jobs, supports families, and strengthens entire communities.
A Future Written Together
Today, as Ethiopia moves steadily toward a more digital economy, Michu stands quietly in the background of many success stories.
Not as the hero, but as the enabler.
A trusted financial companion helping entrepreneurs take the next step and then the next.
And perhaps that is its greatest role, not just providing loans but helping possibilities become reality.
Because in the end, every business that grows tells the same story.
When access is simple, dreams move faster.
When support is timely, futures become brighter.
And when opportunity is shared, a nation moves forward together.
Coopbank, TerraPay and Quantoz Launch Blockchain-Based Remittance Settlement for Inward Remittances to Ethiopia
Addis Ababa, Ethiopia, May 6, 2026- Coopbank in partnership with global payments infrastructure company TerraPay, has announced the launch of a blockchain-based settlement system for inward remittances to Ethiopia. This initiative marks a significant step toward faster, more transparent, and more reliable cross-border financial services.
Ethiopia, one of Africa’s largest remittance-receiving countries with inflows exceeding USD 5 billion annually, is undergoing financial sector reforms aimed at improving efficiency and transparency in foreign exchange and cross-border payments.

By integrating advanced digital settlement mechanisms with Coopbank’s extensive banking network, the bank continues to strengthen its position as a leading digital financial services provider. The initiative also extends the reach of inward remittances across Ethiopia’s domestic financial system, supporting households and communities nationwide while remaining fully aligned with local banking and regulatory requirements. This aligns with Coopbank’s purpose of empowering communities and transforming lives.
Coopbank CEO Mr. Deribie Asfaw stated that inward remittances are vital to both households and the wider economy. “Through this collaboration, Coopbank enhances its role as a leading digital bank, delivering secure, fast, and fully compliant remittance services while supporting financial inclusion and expanding access to reliable financial solutions nationwide.”
TerraPay CEO Ambar Sur noted that the collaboration delivers infrastructure that is faster and more reliable for diaspora remittances and can be extended to other global corridors. Quantoz CEO Arnoud Star Busmann highlighted that regulated digital euro instruments enable transparent and compliant settlement while reducing the need for costly pre-funding.The initiative is supported by the Inclusive Financial Technology Foundation (INFTF), which said it lays the foundation for modernizing cross-border settlement infrastructure and expanding financial inclusion in emerging markets.


