Oromia Bank

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Oromia Bank was established in accordance with the pertinent laws, regulations and the 1960 Commercial Code of Ethiopia, by the Monetary and Banking Proclamation No. 83/1994 and by the Licensing and Supervision of Banking Proclamation No. 592/2008. Accordingly, on September 18, 2008, Oromia Bank obtained a banking business license. At the time of its establishment, OIB’s authorized capital was Birr 1.5 billion, whereas its subscribed capital was Birr 279.2 million, and its paid-up capital Birr 91.2 million. OIB began operation on October 25, 2008 by opening its first branch at Dembel City Center, named Bole Branch. Now, the Bank’s branches reached more than 575. OB has grown its paid up capital to Birr 6.5 Billion.

Company Details

Employees
1.53K
Founded
-
Address
2q39+2pj, Addis Ababa, Addis Ababa,addis Ababa 1000,ethiopia
Industry
Banking
NAICS
Commercial Banking
Keywords
IFB.
HQ
Addis Ababa, Addis Ababa
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News

Oromia Bank Joins Digital Lending Race with Launch of Miliki App - Addis Insight

Oromia Bank Joins Digital Lending Race with Launch of Miliki App Addis Insight

Oromia Bank Reports Best-Ever Annual Earnings of 3.3 Billion Birr - Birr Metrics

Oromia Bank Reports Best-Ever Annual Earnings of 3.3 Billion Birr Birr Metrics

Oromia Bank selects CR2’s BankWorld to Advance their Digital Banking Transformation Strategy in Ethiopia - FinTech Futures

Oromia Bank selects CR2’s BankWorld to Advance their Digital Banking Transformation Strategy in Ethiopia FinTech Futures

Oromia Bank’s Milki App Lets You Fuel Up with a Loan - StockMarket.et

Oromia Bank’s Milki App Lets You Fuel Up with a Loan StockMarket.et

Addis Fortune - Addis Fortune

Addis Fortune Addis Fortune

Oromia Bank reports loan reserves exceeding 43 billion birr - Capital Newspaper

Oromia Bank reports loan reserves exceeding 43 billion birr Capital Newspaper

Oromia Bank nets 872 million Birr annual profit - New Business Ethiopia

Oromia Bank nets 872 million Birr annual profit New Business Ethiopia

Oromia bank to spend 20 billion birr on excellence centre - Borkena

Oromia bank to spend 20 billion birr on excellence centre Borkena

Oromia Bank Begins Digital Transformation with Fintech Veteran Moneta - Shega Media and Technology PLC

Oromia Bank Begins Digital Transformation with Fintech Veteran Moneta Shega Media and Technology PLC

Addis Fortune - Addis Fortune

Addis Fortune Addis Fortune

Oromia Bank rebrands with excellence in mind - Capital Newspaper

Oromia Bank rebrands with excellence in mind Capital Newspaper

Addis Fortune - Addis Fortune

Addis Fortune Addis Fortune

Oromia Bank sees boom in IFB services - Capital Newspaper

Oromia Bank sees boom in IFB services Capital Newspaper

Addis Fortune - Addis Fortune

Addis Fortune Addis Fortune

Addis Fortune - Addis Fortune

Addis Fortune Addis Fortune

Addis Fortune - Addis Fortune

Addis Fortune Addis Fortune

Addis Fortune - Addis Fortune

Addis Fortune Addis Fortune

Oromia Bank Earns 1.52 Billion Birr Gross Profit - Ethiopian Monitor

Oromia Bank Earns 1.52 Billion Birr Gross Profit Ethiopian Monitor

Oromia Bank Scores 1.13 Billion Birr Annual Profit - Ethiopian Monitor

Oromia Bank Scores 1.13 Billion Birr Annual Profit Ethiopian Monitor

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