OROMOBILE BANKING
OroCash Allows you to conduct financial transactions by using your mobile device.


Ijarah Financing
Interest Free Financing
Ijarah Financing is a form of purely rental services or lease contract that offers the lessee an option to own the Assets, machineries, trucks at the end of the specified lease periods. This financing scheme is categorized into two Major types: Diminishing Ijarah and Operating Ijarah.
Diminishing Ijarah
Is a form of lease contract that offers the lessee an option to own the asset at the end of the lease period whereas;
Operating Ijarah
is a pure rental services whereby the legal title will remain in the hands of the Bank after the lease period is due and the Bank may or may not sale the goods.
What’s in it for you?
The lessee has the rights to use the assets and is responsible for normal maintenance;
Unique Features of Diminishing Ijarah
- Free of Riba (interest) and sharia compliant service;
- The bank collect rental and property fee on installments and transfer ownership of the property to the client;
- The Bank may ask collateral for this kind of service.
Unique Features of operating Ijarah
-
- Sharia compliant financing service;
- The leased asset’s use is specified in the contract;
- Monthly rent fee payment according to the contract;
- Use of property is clearly specified in the contract;
- The Bank may ask collateral for this kind of service.
- Terms and conditions
If the lessee defaults on payments or delays payments, the bank can’t charge compound interest but high punishment;




Digital banking made simple
Explore our online banking features
Keeping you connected
to your finances
Access your accounts anywhere, anytime Securely manage your accounts at home, at work and on the go.
Oromia Bank’s digital banking services make accessing and managing your accounts from your computer or mobile device easy and convenient. Whether you need to check your balance, pay bills, or transfer money,our digital banking services help you track and manage your finances everywhere you’re connected.
Convenience
Deposit checks, pay bills, send wires and
manage your accounts from anywhere, 24/7
Security
Keep your accounts protected with
advanced security features
Flexibility
Enjoy more ways to control your finances
without visiting your branch
Account access
Manage your accounts from your computer,
iOS® or Android™ device
