Cooperative Bank of Oromia (S.C.) was registered commercially on October 29, 2004 in accordance with article 304 of Commercial Code of Ethiopia. It was established in line with proclamation no. 84/1994 with authorized capital of Birr 300 million. It started operation on 8th march 2005, with paid up share capital of birr 112 million.
Ownership
Cooperative
- Primary Cooperatives
- Cooperatives Union
- Cooperatives Federation
Non-Cooperative
- Organizations and Associations
- Individuals
Mission
Vision
CBO Values
Salient Features
- Social and Cultural values oriented services
- First bank of its kind in the country
- Broad ownership base and diversified ownership structure
- Give priority to the unbanked society
Objectives
- To promote saving culture and create access to loans
- To maximize shareholder's value