Coopbank inaugrates its Waliso Multipurpose Building
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Cooperative Bank of Oromia (Coopbank) inaugurated a multipurpose building in Waliso town in the presence of senior bank officials, the government, and several stakeholders on February 04,2023. The building, which covers 1500 square meters in area and intended for a variety of functions, is thought to open the town’s large population up to new perspectives. The facility, which included a restaurant, gym, and coffee shop, was designed to be utilized as a place of recreation with the intention of bringing people from various socioeconomic strata together to promote economic and social ties. Additionally, the bank plans to open its 15-story temporary headquarters building in Bole Rwanda, the country’s capital. In addition, Coopbank has focused on acquiring more tangible assets and plans to build a G+40 financial centre next to the National Theater. The bank also intends to construct its largest headquarters on 11,000 m2 of land close to “Filwuha” in the capital city.
The multipurpose Waliso building symbolizes the bank’s focus on acquiring new assets. The building’s construction started in 2019 and cost more than ETB 120 million to complete.