March 2025 – Addis Ababa, Ethiopia – Coopbank is proudly marking its 20th anniversary with a month-long celebration under the theme ‘Project 20 for 20th Anniversary,’ running through March.
Since its establishment on February 29, 1997, Coopbank has been a beacon of financial inclusion, empowerment, and innovation, transforming the lives of individuals and businesses across Ethiopia. Over the past two decades, Coopbank has become synonymous with resilience, growth, and a steadfast commitment to improving lives.
With its focus on financial inclusion, the bank has ensured that even the most underserved communities have access to essential financial services. Coopbank has offered collateral-free digital loans and provided more than Birr 18.4 billion in funding to over 1.2 million accounts, empowering entrepreneurs and small businesses to grow and thrive. This support has significantly transformed lives, helping individuals build their futures and communities prosper.
Coopbank’s Coopay e-Birr service has further driven financial inclusion, reaching 14.5 million customers and processing over 2.6 trillion birr in transactions. The service has revolutionized digital payments in Ethiopia, making banking more accessible, secure, and convenient for everyone.
Innovation has been a cornerstone of Coopbank’s success, with the bank’s Innovation Center consistently developing cutting-edge digital solutions tailored to meet the needs of its customers. Coopbank’s forward-thinking approach has played a key role in shaping the future of banking in Ethiopia, making it a leader in the industry and paving the way for even greater growth.
As part of its 20th anniversary celebrations, Coopbank is engaging in several impactful initiatives that give back to the community. These include blood donation campaigns, grand cleaning programs, humanitarian visits, customer engagement events, and recognition programs. Each initiative is a testament to the bank’s deep-rooted commitment to social responsibility and its mission to make a positive difference in the lives of Ethiopians.
Looking to the future, Coopbank remains committed to empowering communities and raising the standard of living for all Ethiopians. With thousands of job opportunities created over the years, the bank continues to play a vital role in Ethiopia’s economic development. Coopbank invites everyone to join in the ongoing Project 20 initiatives and celebrate its legacy, as the bank continues to empower communities and transform lives.
