The Cooperative Bank of Oromia (Coopbank) posted a profit before tax of ETB 11.47 billion for the 2025/26 fiscal year. The bank reported the results at its 22nd Ordinary General Assembly of Shareholders.

At the meeting, shareholders reviewed the bank’s annual performance and strategic priorities. Total deposits reached ETB 193.26 billion, and foreign exchange earnings for the year came to USD 570.8 million.

Digital banking was among the bank’s strongest areas. Its mobile money platform, Coopay E-birr, has 22.3 million users and has processed ETB 2.74 trillion in digital transactions. Through its Michu digital lending product, the bank has disbursed more than ETB 60 billion across about 3.169 million loan accounts.

Coopbank also continued to support Ethiopia’s agricultural sector. It disbursed more than ETB 6 billion in agricultural financing to over 67,000 farmers.

The Assembly reaffirmed Coopbank’s commitment to financial innovation, inclusive growth, and sustainable value for its shareholders, customers, and communities.