Coop Exam

 

cooperative bank of oromia Application Process

Cooperative Bank of Oromia is a private commercial bank in Ethiopia. As of June 2021, the bank has about 7.73 Million account holders, which makes the bank the leading private bank in this regard. The bank has 469 branches, of which more than 80% are outside the capital where the industry average is still less than 60%, this is a clear indication of the bank's focus to the grassroots level. According to the June 2021 report, Cooperative Bank of Oromia (Coopbank) has ETB 81.54 billion in assets, ETB 4.65 billion capital, and ETB 72.69 billion in deposits, making the bank among the top three private banks in the country on major indicators. Moreover, the bank amassed a profit of ETB 2.39 Billion (Before provision and depreciation). The bank's headquarters is located in Addis Ababa, Africa Avenue Flamingo area. The bank has a broad ownership base and diversified ownership structure

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