The Cooperative Bank of Oromia (Coopbank) has reported robust financial performance in the first half of the 2025/26 fiscal year, underlining its growing role in foreign exchange mobilization, lending, and digital payments.
The bank generated foreign currency inflows amounting to USD 303.36 million over the six-month period. The strong inflow reflects Coopbank’s continued emphasis on international trade facilitation, export-linked transactions, and remittance services.
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On the domestic front, the bank mobilized 36.71 billion birr in new deposits during the half year, signaling sustained customer confidence. Loan disbursements reached 32 billion birr, pushing the bank’s total outstanding loan portfolio to 140.12 billion birr, in line with its expansion strategy focused on productive sectors of the economy.
Digital banking also remained a key growth driver. Coopbank’s mobile and digital payment platform, COOPay e-Birr, processed transactions worth 4.87 trillion birr, spanning more than 1.8 trillion individual transactions, highlighting the rapid adoption of digital financial services across the country.
The latest half-year performance builds on a strong full-year showing in FY 2024/25. As of June 30, 2025, Coopbank reported annual forex earnings of USD 415 million, with more than 95% of the inflows generated from export proceeds and private transfers routed through the SWIFT system. At the close of the last fiscal year, the bank’s total deposits stood at 175.19 billion birr, while its customer base expanded to 14.74 million.
Taken together, the figures point to Coopbank’s rising significance in Ethiopia’s banking sector, particularly in forex generation, financial inclusion, and digital payments, at a time when foreign exchange mobilization remains a critical priority for the country’s economy.
Source: EBR
