Coopbank has started Commodity Collateralized Financing for the first time in Ethiopia

Cooopbank launches Collateralized Commodity Financing. For the first time in Ethiopia, the Cooperative Bank of Oromia has launched Collateralized Commodity Financing (CCF). This loan is believed…

A fund raising has been organized by Coopbank employees to support late Hachalu Hundessa’s family

Following the death of the late iconic hero Hachalu Hundessa, employees of the Cooperative Bank of Oromia have organized a fund-raising effort to support his family and the management of the bank…

Coopbank launches Ethiopia’s first digital lending product named Michu

Cooperative Bank of Oromia & Kifiya Financial Technology announce partnership for the launch of Ethiopia’s first uncollateralized digital lending product, Michu. Addis Ababa, Ethiopia, January…

Coopbank Launches Prize Linked Savings

The Cooperative Bank of Oromia has launched a prize-linked savings program with enticing prizes. For the first time, the bank began the program with the goal of encouraging people to save, and at the…

Coopbank Introduces Farmers’ Savings Account

Ethiopia’s population is believed to be about 108 Million based on some estimates. Around 80-85 percent of its inhabitants live in rural areas and are engaged in agriculture. Frequent drought, lack…

Coopbank and Ethiopian Airlines has Signed a Memorandum of Understanding

Cooperative Bank of Oromia, Ethiopian Airlines Group, and Ethiopian Airlines Group Primary Basic Trade Union has signed a Memorandum of Understanding today at Ethiopian Skylight Hotel. The agreement…

5th Round Forex Award Program Winners

Cooperative Bank of Oromia handed over prizes of The 5th Round Forex Award Program to the winners. The management and employees of the bank and other stakeholders have attended the event that took…

OCFU’s “One-Koo”Modern Coffee Factory Inaugurated

Oromia Coffee Farmers Cooperative Union inaugurated One-Koo coffee processing plant in Galan town whose construction cost 48 Million ETB financed by Cooperative Bank of Oromia. The inauguration…

Coopbank’s Transitional Head quarter Construction Well in Progress

Construction of Cooperative Bank of Oromia’s transitional headquarter, a 16-story building, which was started in the last fiscal year, is advancing as planned and is assumed to be complete in the…