Cooperative Bank of Oromia
BankingAddis Ababa, Ethiopia10001+ Employees
Establishment Cooperative Bank of Oromia (S.C.) was registered commercially in 2004 and began operations on March 8, 2005, with a paid-up share capital of 112 million birr. The bank was founded by visionary Haile Gebre Lube with the mission to expand financial access to underserved communities, particularly farmers, youth, and women. Since its inception, Coopbank has advanced financial inclusion by lending over 33.8 billion birr to micro, small, and medium enterprises (MSMEs) through its uncollateralized digital lending platform, Michu, through more than 2.1 Million Accounts. The bank has also introduced innovative solutions, such as FarmPass, to transform the agricultural sector by connecting farmers to markets, credit, and tailored financial services. Coopbank continues to empower communities, drive economic growth, and create opportunities for generations to come. Ownership Cooperative - Primary Cooperatives - Cooperatives Union - Cooperatives Federation Non-Cooperative - Organizations and Associations - Individuals Mission Rooting our foundation in communities, we redefine the banking experience, through innovative financial products to bank smarter and live better. Vision Leading the way in financial inclusion, sustainability, and community empowerment for a brighter future. Core Values S – Sustainability C – Community Well-being A – Accountability, Fairness, and Equity in Service Delivery L – Living into & Respect for Tradition, Education and Innovation E – Equal Opportunity & Inclusive Governance Purpose Empowering Communities, Transforming Lives. Motto Empowering Communities, Transforming Lives.
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