Cooperative Bank of Oromia

Cooperative bank that commenced operations in 2005, focused on cooperatives, agro-based businesses and MSMEs, and a pioneer of digital lending in Ethiopia through its Michu platform. Audited total assets reached Birr 224.1 billion as of 30 June 2026. Financials for 2013EC-2018EC (2020/21-2025/26) are published; earlier back-years follow.

Audited bank-only results for the year ended 30 June 2026: profit after tax of ETB 6.145 billion, up 292.7%, on pre-tax profit of ETB 8.114 billion; total assets of ETB 224.091 billion. Gross income before funding costs and impairments was ETB 33.143 billion, up 65.6%, including a net foreign-exchange gain of ETB 2.997 billion. Customer deposits, including interest-free deposits, were ETB 191.436 billion, and net loans including interest-free financing were ETB 141.621 billion. The capital adequacy ratio was 9.00%. Pre-tax profit is stated after provisions, depreciation and amortisation; the larger profit figure in the bank's AGM announcement is measured before those charges.