Oromia Bank

Oromia Bank, established in 2008 as Oromia Cooperative Bank (OCB), was the first Ethiopian bank dedicated to serving cooperatives and underserved communities. Over time, it expanded its services to reach a broader customer base. In 2021, the bank rebranded as Oromia Bank to reflect its inclusive growth strategy. Headquartered in Addis Ababa, the bank focuses on innovation, financial inclusion, and supporting both rural and urban development across Ethiopia.

Vision

To Become the Bank of Your First Choice.

MISSION

We are committed in providing full-fledged and best quality commercial banking services within the pertinent regulatory requirement with due diligence to sustainable business while empowering the missing middle and discharging social responsibility by engaging highly qualified, skilled, motivated and disciplined employees and state-of-the- art information technology, adding real value to the shareholders’ interest and win the public trust.

Core Value

Corporate values of OB reflects the deeply pursued philosophy of operational excellence, believes, ground of typical sparkling culture of identity for reputation through which the bank is well known by others. The Bank is committed to the following values in conducting its day-to-day business

-We value persistence, endurance and tenacity;

-We value customer satisfaction;

-We value transparency, integrity and confidentiality;

-We uphold team spirit and grooming potential successor;

-We value total respect to customers and employees;

-We value competitive and motivated human resource with ever growing skills;

-We promote a learning and innovative organization;

-We value belongingness;

-We uphold corporate citizenship..

Oromia bank have different product and services.

Conventional Saving Accounts

Oromia Bank offers different types of savings and investment accounts tailored to individual and business customers.

1. Miiltoo Savings Account: A flexible account for Iqqub members allowing daily, weekly, or monthly deposits and withdrawals.
2. Daboo Savings Account: For clubs, cooperatives, and self-help groups like Iddir and Mahiber.
3. Fixed-Time Deposit: An interest-bearing account with a set amount and maturity date.
4. Siinqee Women Savings Account: Designed to empower women and encourage saving habits.
5. Subii - Farmers Savings Account: Aimed at benefiting farmers and pastoralists with attractive interest rates.
6. Oro Savings Account: An interest-bearing account for both individuals and organizations.
7. Handhuura Children Savings Account: For parents/guardians saving for children under 18 to instill financial discipline.
8. Sorama - Retirement Savings Account: A seniors' account offering complimentary services for individuals aged 60+.
9. Salary Solution Account: A specialized account for salaried individuals for seamless payroll management.
10. Investment Solution Account: For individuals or organizations saving a fixed amount each month for a specific goal.
11. Provident Fund Account: A time deposit account for organizations and employees with attractive interest and loan access.
12. Oro Savings Plus: For employees saving towards vehicle or house loans.
13. Oro Interest Plus: Offers higher interest rates for selected customer groups.
14. Lock Box Savings Account: For small traders or those saving small amounts.

Learn More About Oromia Conventoinal Saving Account Service Here.

Loan:

Oromia Bank offer customer and business loans at competitive interest rates

1. Personal Loan: For urgent needs like travel, medical expenses, and personal obligations.
2. Motor Vehicle Loan: To acquire new or used cars for personal use.
3. Business Loan: For working capital or project financing, with an Overdraft Credit (OD) Facility.
4. Qaroo Loan: Tailored for doctors and lecturers to finance homes, cars, or personal expenses at affordable rates.
5. Diaspora Loan: Mortgage, vehicle, personal, and business loans for diasporas with repayment in foreign currency.
6. Agricultural Input Loan: Provides financing for agricultural inputs, machinery, and commercial farm investments.

Remittance

Customers can receive remittances from every corner of the world on time via OB through SWIFT (ORIRETAA) and well-known international operators

Guarantee

We provide both local and international guarantees to customers to facilitate the execution of contract work

Payment

We provide payment services to our esteemed customers, supported by digital banking

Interest Free Account

1. Labbaik Mudarabah Saving: A Sharia-compliant savings account for Hajj pilgrims, offering high-profit sharing and travel services.
2. Siinqee Women Mudarabah Saving: Designed for women to promote saving habits with profit sharing and merchant discounts.
3. Handhuura Children Mudarabah Saving: For parents saving for children under 18, promoting financial literacy with profit sharing.
4. Diaspora Mudarabah Saving: A foreign currency savings account for the Ethiopian diaspora, offering profit sharing for future savings.
5. Subii Farmer Mudarabah: Helps farmers improve saving habits with a high-profit-sharing ratio.
6. Soramaa Retirement Mudarabah Saving: Free banking services for seniors aged 60+, with priority service and 24/7 e-banking.
7. Mudarabah Saving Deposit Account: A Sharia-compliant savings account for individuals or organizations, offering profit sharing.
8. Hayyu Educational Mudarabah Saving: For adults supporting tertiary students, offering Sharia-compliant saving options.

Learn More About Oromia Bank Interest Free Account Service Here.

Card Banking ​

1. Oroocard: A conventional banking card offering ATM withdrawals and POS transactions.
2. OrooBaraka: An Islamic banking card for IFB users, following Sharia principles with ATM and POS functionality.
3. Instant Card Issuance: Allows customers to receive their Oroocard or OrooBaraka immediately upon account opening.

OrooDigital Mobile Banking

Oromia Bank mobile banking allows you to manage your money and pay your bills — all while on-the-go.

Android App: Download Here

IOS App: Download Here

USSD: *840#