Yewef Gojo Episode 59 Kana TV Drama

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Published

March 24, 2017

 

The Oromia Cooperative Bank is living up to its founding mission, he said. 

 

The National Bank, for its part, said that "Oromia Cooperative Bank is a very healthy bank" in terms of sound banking standards. 

 

The 20th anniversary of the establishment of the Oromia Cooperative Bank was concluded yesterday. 

 

The closing ceremony was attended by the President of the Oromia Regional State, Ato Shimelis Abdisa, the Governor of the National Bank of Ethiopia, Mamo Ismailalem Mihret, the bank's customers, founders, and presidents of various banks. 

 

"The Oromia Cooperative Bank was founded by farmers and cooperatives," said the bank's President, Ato Derbe Asfaw, "and in this way, it has contributed a lot to the growth of both farmers and cooperatives." 

 

The President explained that the Oromia Cooperative Bank currently has a total assets of 189.4 billion birr, deposits of 169.4 billion birr, and branches of 745. 

 

Noting that 55 percent of the bank’s shareholders are farmers and cooperatives, Ato Derbe said that the bank has achieved its founding goal by significantly contributing to the lives of its founders and the country’s economy. 

 

He also said that the bank has provided loans worth more than 20 billion birr through the digital loan facility, which he called ‘convenient’. 

 

Speaking at the event, the Governor of the National Bank of Ethiopia, Ato Mamo Ismailalem Mihret, said, “The Oromia Cooperative Bank is very healthy according to the bank’s soundness criteria set by the National Bank.” 

 

The Oromia Cooperative Bank celebrated its 20th anniversary for nearly a month, and during this time, it has been supporting charitable institutions, blood donations, and cleaning campaigns.

 

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Yewef Gojo
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