Cooperative Bank of Oromia

Last updated
Cooperative Bank of Oromia
Company type Share company
Industry Financial institution
Founded29 October 2004;19 years ago (2004-10-29)
Headquarters Addis Ababa, Ethiopia
Key people
  • Obbo Fikru Deksisa (Board Chairperson)
  • Obbo Deribie Asfaw (President)
Products Financial services
Total assets 114.61 Billion ETB (As per Annual report 2021-22)
Number of employees
6,547 (As per Annual report 2021-22)
Websitewww.coopbankoromia.com.et

Cooperative Bank of Oromia is a private commercial bank in Ethiopia. As per their last published Annual report (2021-22), the Cooperative Bank now has a total asset value ETB 140 Billion. [1] The bank has 750+ branches, 13.2 million account holders and 8,100 employees.[ citation needed ] The bank's headquarters is located in Addis Ababa, Ethiopia. [2]

Obbo Haile Gebre Lube, the Legendary Founding Father of Coopbank Obbo-haile-2-scaled.jpg
Obbo Haile Gebre Lube, the Legendary Founding Father of Coopbank

Related Research Articles

<span class="mw-page-title-main">Oromia</span> Regional state of Ethiopia

Oromia is a regional state in Ethiopia and the homeland of the Oromo people. Under Article 49 of Ethiopian Constitution, the capital of Oromia is Addis Ababa, also called Finfinne. The provision of the article maintains special interest of Oromia by utilizing social services and natural resources of Addis Ababa.

<span class="mw-page-title-main">Oromia Zone</span> Zone in Amhara Region of Ethiopia

The Oromia Zone is a zone in Amhara Region of Ethiopia. Oromia is named for the Oromo people, who settled along the edge of the Ethiopian Highlands that form this Zone. Oromia Zone is bordered on the southwest by North Shewa Zone, on the northwest by South Wollo and Argobba special woreda, and on the east by the Afar Region. The Zone consists of 7 Woredas which are Artuma Fursi, Bati, Bati Town, Dewa Cheffa, Dewa Harewa, Jilye Tumuga and Kemisie town. Kemise is the administrative center of the Zone.

Chora is one of the woredas in the Oromia Region of Ethiopia. Part of the Illubabor Zone, Chora is bordered on the south by the Jimma Zone, on the west by Yayu, on the northwest by Supena Sodo, on the north by Dega, and on the east by Bedele. The major town in Chora is Kumbabe.

Nejo is a woreda in Oromia Region, Ethiopia. Part of the West Welega Zone, Nejo is bordered on the southeast by Boji, on the west by Jarso, on the northwest by Mana Sibu, and on the north and east by the Benishangul-Gumuz Region. The administrative center is Nejo; other towns in Nejo include Gori and Wara Jiru.

Lalo Asabi is one of the 180 districts in the Oromia of Ethiopia. Part of the West Welega Zone, Lalo Asabi is bordered on the south by Yubdo, on the west by Ayra Guliso, on the north by Boji, on the east by the Benishangul-Gumuz Region, and on the southeast by Gimbi. The administrative center of this woreda is Inango; other towns in Lalo Asabi include Dongoro.

Jarso is a woreda in Oromia Region, Ethiopia. Part of the West Welega Zone, Jarso is bordered on the south by Ayra Guliso, on the southwest by Gawo Dale, on the west by Begi, on the north by Mana Sibu, on the northeast by Nejo, and on the southeast by Boji. Towns in Jarso include Dabeka and Geba Dafino.

Sayo is a woreda in Oromia Region, Ethiopia. This district received its name from the name of the Oromo tribe (Sayyoo') that settled it first, Dembidolo which is a separate district now is part of the Kelem Welega Zone. Sayo is bordered on the south by the Gambela Region, on the west by Anfillo, on the north by Yemalogi Welele, on the northwest by Hawa Gelan, and on the east by the Birbir River which separates it from the Illubabor Zone.

Mieso is a woreda in Oromia Region, Ethiopia. Part of the West Hararghe Zone, Mieso is bordered on the south by Guba Koricha, on the west by the Afar Region, on the north by the Somali Region, on the east by Doba and on the southeast by Chiro. The administrative center for this woreda is Mieso; other towns in Mieso include Asebot, Kora, Bordode and Gololcha.

Ibantu is one of woredas in the Oromia Region of Ethiopia. Part of the East Welega Zone, Ibantu is bordered on the south by Limmu, on the west and north by the Benishangul-Gumuz Region, and on the east by Gida Kiremu. The administrative center of this woreda is Hinde.

Limmu Sakka is one of the woredas in the Oromia Region of Ethiopia. It is named in part after the former kingdom of Limmu-Ennarea, whose territories included the area this woreda now covers. Part of the Jimma Zone, Limmu Sakka is bordered on the southwest by the Didessa River which separates it from the Illubabor Zone, on the northwest by the Misraq Welega Zone, on the northeast by the Gibe River which separates it from the Mirab Shewa Zone, and on the southeast by Limmu Kosa. The administrative center of the woreda is Atnago; other towns include Saqqa, the capital of the former kingdom of Limmu-Ennarea.

Limmu Kosa is one of the Districts in the Oromia Region of Ethiopia. It is named in part after the former kingdom of Limmu-Ennarea, whose territories included the area this woreda now covers. Part of the Jimma Zone, Limmu Kosa is bordered on the south by Kersa, on the southwest by Mana, on the west by Gomma, on the northwest by the Didessa River which separates it from the Illubabor Zone, on the north by Limmu Sakka, on the northeast by the Gibe River which separates it from the west shewa zone and the Southern Nations, Nationalities and Peoples Region, on the east by Sokoru, and on the southeast by Tiro Afeta. The administrative center of this woreda is Limmu Inariya(Town); other towns include Ambuye and Babu. Chora Botor woreda was separated from Limmu Kosa.

Sokoru is one of the woredas in the Oromia Region of Ethiopia. This woreda is named after the former awraja of the same name, and covering much of the same territory as the current woreda, as well as its administrative center, Sokoru. Part of the Jimma Zone, Sokoru is bordered on the south by Omo Nada, on the west by Tiro Afeta, and on the north and east by the Southern Nations, Nationalities and Peoples Region; the Gibe River defines the northern boundary. Other towns in this woreda include Deneba, Kumbi and Natri.

Mana is one of the woredas in the Oromia Region of Ethiopia. Part of the Jimma Zone, Mana is bordered on the south by Seka Chekorsa, on the west by Gomma, on the north by Limmu Kosa, and on the east by Kersa. The administrative center of this woreda is Yebu.

Omo Nada is one of the woredas in the Oromia region of Ethiopia. Part of the Jimma Zone, Omo Nada is bordered on the south by the Gojeb River, which separates it from the Southern Nations, Nationalities and Peoples Region (SNNPR), on the west by Dedo, on the northwest by Kersa, on the north by Nadhi Gibe, on the northeast by Sokoru, and on the east by the Omo River which separates it from the SNNPR. Nada is the administrative center of the district; other towns in Omo Nada include Asendabo.

Ada'a is a woreda in Oromia Region, Ethiopia. It is part of the former Ada'a Chukala woreda what was divided between Ada'a and Liben woredas. Part of the East Shewa Zone located in the Great Rift Valley, Ada'a is bordered on the south by Dugda Bora, on the west by the West Shewa Zone, on the northwest by Akaki, on the northeast by Gimbichu, and on the east by Lome.

Hitosa is one of the Aanaas in the Oromia Regional State of Ethiopia. Aanaa of Lude Hitosa was separated from Hitosa. Part of the Arsi Zone, Hitosa is bordered on the south by Digeluna Tijo, on the southwest by Tiyo, on the west by Batu Dugda, on the northwest by the East Shewa Zone, on the northeast by Dodotana Sire, and on the east by Tena. The administrative center of the woreda is Iteya; other towns include Borujawi and Ligaba.

Meda Welabu is a woreda in Oromia Region, Ethiopia. Part of the Bale Zone, Meda Welabu is bordered on the south by the Ganale Dorya River which separates it from the Guji Zone, on the northwest by West Arsi Zone, on the north by Mennana Harena Buluk, and on the northeast by Guradamole. The administrative center of the woreda is Bidire; other towns in Meda Welabu include Oborso.

The Oromia Coffee Farmers’ Cooperative Union (OCFCU) is a smallholder farmer-owned cooperative union based in the Oromia region of Ethiopia. The aforementioned region is characterized by its unique native vegetation and tropical climate conducive to coffee bean growth. OCFCU is a democratic, member-owned business operating under the principles of the International Cooperative Alliance and Fair trade, and the Union plays a central role in the Ethiopian coffee marketing chain. The members of OCFCU grow, process, and supply organic Arabica coffee for export.

References

  1. Reporter, Staff (2022-07-10). "Cooperative Bank of Oromia registers high earnings". Capital Newspaper. Retrieved 2024-05-12.
  2. "Cooperative Bank of Oromia". www.coopbankoromia.com.et. Retrieved 2023-10-31.
  3. "Coopbank at a Glance". Cooperative Bank of Oromia. Retrieved 2021-07-29.