Cooperative Bank of Oromia

Credit

Merchandise Loans against Import Document

Exceptionally availed against goods in transit supported by import documents to its prominent customers. In such cases, a complete set of documents such as bills of loading, truck/air/rail waybills, c

Credit

Overdraft Facility

Overdraft is a form of credit facility whereby customers are allowed to draw above deposits in their current accounts to meet their business needs. Interest is charged on the overdrawn amount outstand

Credit

Partial Financing for Acquired and Foreclosed Collateral

Partial Financing is a financing scheme whereby the Bank covers a portion of the auction price of foreclosed and acquired properties presented for sale by the Bank. These properties mean buildings, ve

Credit

Motor Vehicle Loan

Motor Vehicle Loan is a term loan granted for the purchase of new motor vehicles. The loan does not, however, include the cost of spare parts or luxury items.

Savings

Sinqe Women’s Savings Account

Coopbank introduced Sinqe-Women’s Savings Account as a tool to empower women economically. This savings account is tailored for women aged 30 years and above. Sinqe-Women’s Savings account has the fol

Savings

Fixed Time Deposit

Fixed time deposit is a type of deposit which is accepted for a certain fixed period of time with negotiable interest rate. The rates of interest vary according to the duration of the deposit received

Savings

Gudunfa Savings Accounts

Gudunfa is a type of deposit where customers request for a special “Saving Box” in which they deposit money on a piecemeal basis at their business premises. The Gudunfa (Saving Box) is brought to the

Savings

Special Saving Account

Special savings account is an interest-bearing account which is opened by individual customers and can be operated with cheques. It has similarity with other category of active saving accounts with th