Wednesday, 20 September 2017 10:49

Online Banking /Internet Banking/

Using electronic payment system conducts a range of financial transactions through our website.

Execute a bunch of financial transactions at CBO on line via the internet.

CBO online services:-


  • Search for balance
  • transaction history
  • Acquire e-statements
  • Order new statements
  • Transfer funds
  • Pay bills
  • Receive bills online

Wednesday, 20 September 2017 10:48

Mobile and SMS Banking

Mobile and SMS banking allow you to conduct financial transaction using a mobile device like mobile phone or tablet via mobile banking Apps.

Perform online banking using your smart phone or other mobile devices.

Services available:-


  • Checking balance
  • Bill payment
  • Fund transfer
  • Mobile text and alert …


Bank anywhere at any time.

Wednesday, 20 September 2017 10:45

International Banking

Documentary Letter of Credit (LC)

The letter of credit is treated as import letter of credit on a buyer’s side and as export letter of credit on a seller’s side. CBO renders the following types of Letter of Credits:


Irrevocable Letter of Credit

It is a letter of credit bearing a term on an instrument to indicate that it cannot be amended or terminated prior to its expiry date without the consent of parties involvedthat is the applicant and the beneficiary of the Letter of Credit.


Confirmed LC

A confirmed letter of credit is one in which another bank, on the instructions of the issuing bank, has added a confirmation that payment will be made as long as compliant documents are presented. This commitment holds even if the issuing bank or the buyer fails to make payment.


Standby Letters of Credit

It is a document issued by a bank, guaranteeing payment on behalf of a client. A standby letter of credit is used as support where an alternative, less secure, method of payment has been agreed. Unlike other letter of credit, a standby letter of credit is NOT meant to be used for payment instead it is used as a form of "back-up" guarantee. If the exporter fails to receive payment from the importer he may claim under the standby letter of credit.


Revolving Letter of Credit

The revolving credit is used for regular shipments of the same commodity to the same importer. It can revolve in relation to time or value. If the credit is time revolving once utilized it is re-instated for further regular shipments until the credit is fully drawn. If the credit revolves in relation to value once utilized and paid the value can be reinstated for further drawings. The credit must state that it is a revolving letter of credit and it may revolve either automatically or subject to certain provisions. Revolving letters of credit are useful to avoid the need for repetitious arrangements for opening or amending letters of credit.


Transferable Letter of Credit

A transferable letter of credit is one in which the exporter has the right to request the paying, or negotiating bank to make either part, or all, of the credit value available to one or more third parties. This type of credit is useful for those acting as middlemen especially where there is a need to finance purchases from third party suppliers.


Back-to-Back Letter of Credit

A back-to-back letter of credit can be used as an alternative to the transferable letter of credit. Rather than transferring the original letter of credit to the supplier, once the letter of credit is received by the exporter from the opening bank, that letter of credit is used as security to establish a second letter of credit drawn on the exporter in favor of his importer.


Documentary Collection

Import /Export CAD

Handling commercial documents with or without financial documents in accordance with instructions received from the seller. Documents delivered to buyer (importer) against payment and/or acceptance or against other terms and conditions through importers bank.


Advance payment

Facilitate payment for the seller from a buyer prior to shipment or rendering of service.


Consignment basis payment

A payment in which the title to the goods remains with the supplier until a distributor in foreign country sells them. Payment is to be made to the supplier when the distributor sells the goods.


Foreign Bank Guarantee

A letter of guarantee issued by the bank to compensate to the Beneficiary in the event that the Obligor/Principal fails to honor its obligations in accordance with the terms and conditions of the guarantee/agreement/contract.



Foreign Exchange service CBO renders comprise of four major categories



Prompt remittance services or a transfer of funds from remitter through intermediary banks or money agents or Demand Draft.


CBO International money transfer service partners:

Western Union, Dahabshiil, X-press Money, Taran Express, MoneyGram,Juba Express, Amana Express, Kaah Express, Bakaal Express, AMAL Express./Logo of the mentioned agents can be utilized/

Swift code of the bank is also used for International money transfer service. Swift Cod of CBO is CBORETAA.


Cash foregin currency buying and selling

Buying and selling a foreign currency notes used as a legal tender in the country of issue.


Traveler's check buying and selling

Purchasing from travelers upon the bearer's endorsement against the original signature on the draft and receiving from Corresponding Banks on consignment or purchase basis for sale to travelers abroad respectively.


Accept Foreign Bank checks for Deposit

Deposit foreign checks for clearance and sent to the issuer bank in foreign country. Deposit accepting bank may either purchase the bill (OBP) or sent in collection basis (OBC).


Eligibility Criteria for Trade Services

Customers that request for the Trade Services should fulfill the following criteria:


  • Should maintain deposit account with CBO;
  • Should be in possession of valid trade license for import/export as appropriate or business license or investment or industry license or must exist in the list of budgetary government organizations issues by National Bank of Ethiopia (NBE) or in case of non-government organization, Certificate issued by Ministry of Justice;
  • Should have Tax Identification Number (TIN); and
  • Should not be reported as delinquent by NBE.
Wednesday, 20 September 2017 10:44

Loans and Advances

Loans and Advances

Overdraft Facility Allow customers to draw beyond the deposits of their current accounts, for a viable and ongoing business.


The right to withdraw a specified amount of fund over the Overdraft limit as working capital.

Merchandise Loan Facility

A credit facility provided against merchandise or documentary evidence as a collateral for short term.

Pledge or collateral

  • Negotiable warehouse receipt for goods in warehouse
  • Original Railway Receipts
  • Truck-way bills
  • Airway bills

Import Letter of Credit Facility

A facility provided to importers, on payment of a certain percentage of the value of the document while opening a Letter of Credit.

Pre-Shipment Export Credit Facility

A Facility extended for expenses until the time of shipment:

  • Purchase of raw materials
  • processing
  • Warehousing
  • Packing and transporting and other

Revolving Export Credit Facility

An advance extended to exporters to bridge their temporary working capital requirement upon presentation of all valid and acceptable export documents, except bill of loading.

Letter of Guarantee Facility

A written promises by the bank as compensation to the beneficiary in the event that the obligor fails to honour his/her/its obligations, in accordance with the terms and conditions of the guarantee/agreement/contract.

Types of Letters of Guarantee rendered:

  • Bid Bond
  • Performance Bond
  • Advance payment Guarantee
  • Suppliers’ Credit Guarantee(Trade Credit Guarantee)
  • Retention Payment Guarantee
  • Customs Duty Guarantee

Import Letter of Credit Settlement Loan

A loan rendered by converting the outstanding import letter of credit document’s value either to a merchandise loan facility or a term loan.

Term Loan

Types of Term Loan

  • Short-Term
  • Medium-term and
  • Long-term

Agricultural Term Loan

A loan rendered for purchase of agricultural inputs and Agricultural Investment.

Motor Vehicle Loan

Loan provided for the purchase of new motor vehicles for borrowers in business sectors.

Construction Machinery Loan

A loan delivered for the purchase of new construction machinery.

In Design/pictures/

• Dozers

• Graders

• Loaders

• Excavators

• Scrapers

• Rollers

• Cranes

• Concrete mixer mounted on trucks

Equipment/Machinery Lease Financing

Available for either of the parties to the lessee agreement:

  • Equipment/Machinery lease financing for the lessee
  • Equipment/Machinery lease financing for the lessor.

General Eligibility Criteria for Loan

All customers applying for any type of loan/facility at CBO must fulfill the following general eligibility criteria:

  • All persons engaged in lawful trading activities and creditworthy business(es) is/are eligible to borrow business loans. However, other non-trading institutions will be eligible depending on their nature and strategies without violating any active proclamation or directive.
  • The business credit applicant should present renewed trade license for the current fiscal year or investment license and principal registration certificate for new projects.
  • All applicants who are engaged in business must present a tax identification number /TIN/ or tax exemption certificate for all of their income.
  • The applicant and/or any of its shareholders/subsidiaries shall fully settle any previous loss to the Bank, if any. To this effect, internal records shall be thoroughly checked.
  • The applicant must have never been engaged in tax evasion, or in a breach of exchange and control regulations, or in any other illegal/unlawful dealings, if the information is known to the bank/the circulated record is available.
  • The applicant must not have any record of mal-operation of the checking account in the banking system until the rehabilitation period is expired.
  • The applicant shall fulfil at least the required minimum equity contribution.
  • The applicant and/or any of its major shareholders/subsidiaries must not have any non-performing loans in any bank.
  • The applicant has to present all the documents/information demanded by the Bank.
  • The applicant’s business must be financially viable, legally acceptable, socially desirable, technically feasible and environmental friendly.
  • If the applicant is cooperative, it has to provide its legal personality certificate and the last budget years’ audited financial statements, should establish accounting and record keeping systems, employ qualified manpower, and properly drawn business plans to effectively run the business.
  • In addition to these criteria, customer has to fulfil the specific eligibility criteria for each loans and advances indicated in the credit product line.

Wednesday, 20 September 2017 10:43

Card Banking

CBO provides ATM card linked to saving / checking account of the customer. CBO card is convenient for your life style.

Let you bank virtually, All the time, 24 hours a day, 7 days a week.

It also enable you perform financial transaction, in a public space through computerized telecom device, point of sale /POS/ machine.


  • Fast cash withdrawal
  • Balance enquiry
  • Fund transfer
  • Payment …


CBO card allow you to access your account at any ATM and POS machine, in the country.

Wednesday, 20 September 2017 10:40

Community Services

Besides our dedication to serve the society by providing full-fledged banking services, the bank persistently discharges its social responsibilities for a better life within the communities. Our bank believes that being socially responsible is behaving ethically and with sensitivity toward social, cultural, economic, and environmental issues. Accordingly, we continued to promote social responsibility through sustainable practices. Thus, we delivered value on every front to our customers, our people, and communities.

Our bank uses different approaches as corporate entity, to accomplish its social responsibility, and donation is one of it. In the FY 2012/13 we were involved in various social aspects via donations and sponsorships to sectors like public health, education, community development, environmental protection efforts, natural disasters, and other humanitarian endeavors. In this preceding FY, our bank participated in the various social activities like funding medication expense, sponsorship to socio-cultural novels, and funds made to self-help groups participating on community development.

CBO participated on community development by collaborating with Oromia Development Association (ODA), which is contributing to sustainable development, focusing primarily on the rural community, through construction of basic infrastructure, provision of social services such as education, health, water, preserving and maintaining the ecological balance. CBO supported the association on fund raising program having targeted to construct boarding schools.

Likewise, CBO had also been involved in environmental protection issues by working together with an indigenous non-profit and non-governmental organization like Association for Development and Biodiversity Conservation, which is working overall the country. The bank sponsored the forum organized by this association with the motto of "conservation for a better quality environment through participation!'' evolved out on the humanitarian initiatives, dedicated for development, biodiversity, conversation and mitigation of climate change.

Our bank also participated in supporting humanitarian endeavors. It thus supported 'Nehemiah Autism Center', which is serving autistic children to reach their full potential. It too had backed 'Macedonians Humanitarian Association' that works in supporting elderly people and people with disabilities by providing them with shelter, clothing, food, and other basic services. More generally, the bank participates in the development endeavor of the country via various mechanisms. At CBO, therefore, socially responsible approach is at the heart of what we do.

Wednesday, 20 September 2017 10:39


Register and join the next generation nancial services for free.

Cooperative Bank of Oromia (CoopBank), in collaboration with Ebirr is providing the next generation Mobile Financial Services. Now you can register and join the world of mobile and internet banking solutions.

COOPay-Ebirr Services:

  1. Send money from:
    • Bank account to wallet
    • Wallet to bank account
    • Bank account to bank account
    • Wallet to Wallet
  2. Pay bills /water, electric, etc/
  3. Sell and buy
  4. Salary payment
  5. School fee payment
  6. Send money in and out of your wallet as you wish
  7. Recharge airtime for yourself and others
  8. Get your statements

To register for the service, please:

  1. Visit CoopBank’s nearest branch/agent
  2. Dial *841# on your phone
  3. Download the app from Google Play or App Store

You can easily create your CoopBank’s account and get it linked with your mobile wallet just by visiting one of our branch offices.

Wednesday, 20 September 2017 10:38

Career Opportunity

Coming Soon!

Monday, 18 September 2017 14:12


No.Branch Area / ZoneTown Tel. (office)Fax No.
1AdamaE/ShawaAdama 022 111 78 68022 1111 78 69
2AbomsaArsiAbomsa022 4410122/ 01 12022 44 10 088
3ArboyeArsiArboye022 470 03 44/27022 470 02 58
4AdelleArsiAdelle022 473 00 98/89022 473 00 87
6Awash MalkasaE/ShawaAwash Malkasa022 225 02 95022 225 03 12
7Awash Sebat KiloAfar RegionAwash Sebat Kilo022 224 15 49/14 13022 224 12 88
8Bale GasgarArsiBele
9Batu E/ShawaBatu046 441 29 94046 441 29 97
11Boku ShananE/ShawaAdama 022 111 90 75/76022 111 90 65
12Bole Nura HeraE/ShawaBole Nura Hera022-453-02-86/87 /00 47022-453-02-88
13Bosat E/ShawaOlanchiti022 113 13 40022 113 13 07
14BoteE/ShawaBote022 115 05 30/04 23022 115 05 56
16CholeArsiChole022 454 01 89/0216022 454 02 05
17Darartu TulluE/ShawaAdama
18DiksisArsi Diksis022 3 39 02 72022 339 02 68
19Dhaka Adi E/ShawaAdama 022211-88-35022211-54-44
20DodotaArsiDhera022 211 88 35022 211 54 44
21Ela Bal'aE/ShawaEjere
23GololchaArsiChancho 022 238 07 77 022 238 54 54
24HawasE/ShawaAdama 022/3350696/0440/01-93022-335-07-00
25HurutaArsiHuruta022 334 00 66/67022 334 00 60
26HabeArsiHabe0910 04 54 81
28MojoE/ShawaMojo022-116-22-56/116-06-110910 78 65 75
29Nagelle ArbaguguArsiNagelle022 812 89 13
30SagureArsiSagure022 338 06 35/06 70022 338 05 66
31shirkaArsiGobessa022 446 02 05022 446 01 56
32Sire ArsiArsiSire022 330 04 42022 3300221
33SiltanaArsiSiltana022 812 00 91
34Torban OboE/ShawaAdama 022-111-78-67/61-66022-111-61-46
35Robe DideaArsiRobe022 443 01 57022 443 07 60
36KarayuE/ShawaMata Hara022 334 00 66/67022 334 00 60
38Qersa ArsiArsiQarsa Arsi022-337-01-88/06-02/022-337-05-14
39QurquraE/ShawaAdama 022 212 83 92
40XichoArsiXicho022 444 05 39/19
42Dabe solokeE/shawaAdama022212-0621
43Boru JawiE/shawaBoru Jawi022512-0003022512-0002
44Dadacha AraraE/ShawaAdama
45Aba JamaAba jema
47Qechema E/ShawaAdama0222114900/3335022211/1666

Monday, 18 September 2017 14:12


No.Branch Area / ZoneTown Tel.Fax
1Aba MalaHabte GeorgisFinfinne011 126 64 69/86011 126 64 89
2Aba NabsoLidetaFinfinne011 557 29 16/35
3Addisu GabayaAddisu GabayaFinfinne011 126 8073/61011 126 80 47
4AgamsaMerkatoFinfinne011 273 24 71/68011 273 24 58
5BakanisaMakanissaFinfinne011 369 87 29/98 38011 369 88 30
6Bomb TeraMerkatoFinfinne011 273 20 57/47/64 011 273 20 44
7BirbirsaSebara BaburFinfinne011 126 45 26/29011 126 45 59
8ChalchaliSar BetFinfinne011 3 85 30 77/04011 385 33 20
9ChurchillChurchill RoadFinfinne011-126 27 41/69011-126 27 09
10Dollo BidenaBekelo BetFinfinne011 470 48 07/56 43011 470 50 97
12Gofa GabrielGofa GabrielFinfinne011 470 16 51/73011 470 16 56
13Gofa MazoriaQeraFinfinne011 470 0035/63011 470 00 61
14Gojam BerendaGojam BerendaFinfinne011 2132832/2 135180011 213 15 58
15GulaleGulaleFinfinne011-259-55-51/52/820 06 08011-259-55-53
16Meskel FlowerMeskel FlowerFinfinne011 470 12 89/11 28011 470 04 31
17MesalemiaMesalemiaFinfinne011 278-34-34/33/35011 277 95 99
18MerkatoDubai TeraFinfinne11 273 24 11011 273 23 89
19OdaKazanchisFinfinne011 515 47 46011 554 81 25
011 550 77 78
21ShagarMerkatoFinfinne011 275 81 55/57011-275-81-58
22Sulula GarbiChid TeraFinfinne011 231 7030/27
23Tullu EjersaHana MaryamFinfinne011 471 13 29/19 28011 471 13 50
24LaftoLaftoFinfinne011 4 71 04 81011 471 05 24
25KolfeKolfeFinfinne011 279 16 30/011 279 2006011 279 17 72
26WayuSemien HotelFinfinne011 111 21 18011 111 58 82
27Wirtu MerkatoMerkatoFinfinne011273 3524/2733486011273 3211
28Ya'I GulaleInkulal FabrikaFinfinne011 126 28 08/06011 126 27 73
29Tufa MunaDil bereFinfinne
30Caffee Arara6 Killo Finfinne
31MardeKarl SquireFinfinne
32BilisummGojam BerendaFinfinne
33Rufe RarreSebategnaFinfinne
36karra Xuxokechene MedhanialemFinfinne

Page 3 of 8
© 2021 Coop Bank of Oromia. All Rights Reserved. Designed By HighTech