Business

Cooperative Bank of Oromia’s Net Profit Nearly Quadruples

AI SUMMARY

Cooperative Bank of Oromia reported a 293.6 percent increase in net profit to 6.14 billion birr for the 2025/26 financial year.

Cooperative Bank of Oromia reported a 293.6 percent increase in net profit to 6.14 billion birr for the 2025/26 financial year.
Profit before tax reached 11.47 billion birr, while total revenue climbed 65.6 percent to 33.14 billion birr.
Total customer deposits reached 193.26 billion birr, and total assets stood at 224 billion birr.
New loan disbursements increased by 72 percent, with 42.73 billion birr extended in fresh financing.
The bank disbursed more than 6 billion birr in digital loans to over 67,000 farmers.
The total customer base reached 15.91 million.
The figures were disclosed during the bank's 22nd annual general meeting of shareholders.