Past, present and future
Since the establishment of Oromia Bank on September 18, 2008, OB obtained a banking business license, we’ve drawn on our financial strength to serve customers. We also recognize that this past year has fundamentally changed banking by accelerating the shift to digital products and services. We’re positioned well for this future, having launched new tools – like our Oroclick and Mobile Banking app – to complement our 500 branch footprint.
Oromia Bank S.C. (OB) 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.
Modest beginnings, steady growth
Through the years, our presence has grown tremendously. After opening the first Bole branch on October 25, 2008 in Addis Ababa – Africa avenue, we continued to expand by establishing over 500 branches across the nation. But growth, as a company, is more than just brick-and-mortar. It’s a reflection of our performance and our ability to earn the public’s trust. Today, we continue to be recognized as a top performing bank with paid up capital to Birr 5.4 Billion.
To Become the Bank of Your First Choice
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.
Corporate values of OIB 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 believe that by living our values, we’ll achieve a balance of size, success, and stability while empowering every individual, organization, and community we touch.