Cooperative Bank of Oromia (S.C)

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

We root our foundation in communities to provide banking solutions that create greater customer experience with emphasis to cooperatives and agro-based businesses through proper use of human resource and up-to-date technologies to maximize stakeholders’ value.
Vision

To be the leading private bank in Ethiopia by 2025.
CBO Values

Integrity
Customer Satisfaction
Learning Organization
Teamwork
Cost Consciousness
Concern for Community
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