Diaspora
Banking
CoopBank of Oromia is one of the leading private banks in Ethiopia with very distinctive banking history. Diaspora Banking is one of the banking segments of CoopBank which has been given due emphasis. CoopBank Diaspora Account has been operational since August 2012.
Total Membership
Deposit Amount
Countries
Remmitance Agency
What We Offer
We are always there for your Diaspora Banking Needs!
Mortgage Loan
Mortgage/ Home loan is a secured Long-Term Loans provided to Ethiopian diaspora communities to purchase or construct real estate and homes in Ethiopia. The loan product is available to eligible Ethiopian Diasporas with verifiable and steady incomes.
Investment Loan
Coopbank offers Investment credit facility to enhance the potential of Diasporas to develop larger, more productive businesses investment in meaningful programs in their home country that can create jobs and economic growth back home.
Working Capital Loan
Mortgage/ Home loan is a secured Long-Term Loans provided to Ethiopian diaspora communities to purchase or construct real estate and homes in Ethiopia. The loan product is available to eligible Ethiopian Diasporas with verifiable and steady incomes.
Diaspora Accounts
Diaspora Banking Accounts allow Diasporas who resides and works outside the country to maintain and perform domestic and international transfers through their CoopBank Diaspora Accounts.
» Diaspora Current Account
» Diaspora Fixed-Time Deposit Account
» Diaspora Non-Repatriable Account
» Ethiopian Citizen Or Origin Living In Foreign Land (ECOLFL) Savings Account
Diaspora Loan
The bank provides business and investment loan along with expertise free consultancy services on different opportunities.
» Diaspora consumer loans
» Mortgage loan
» Car/Vehicle loan
» Personal loan
» Diaspora Business loans
» Investment financing
» Working capital loans
Apply In 3 Minutes
Don’t have a Coopbank Diaspora account yet? Apply now and open your new account in under 3 minutes!
How It Work?
Follow our step-by-step guide to creating an account and requesting a loan
Create Your Account
Don’t have a Coopbank Diaspora account yet? Apply now and open your new account in under 3 minutes!
Your account Approved & Ready
You will receive an e-mail with your account details, and you can begin depositing into it
Request For Loan
You can use a different diaspora loan once you have a diaspora account
CoopBank Review Your Request
In less than 24 hours, Coopbank will review your document and provide you with a response
Some Useful Diaspora Resources
Foreign Exchange Rate
Foreign Exchange Rate is defined as the price of the domestic currency with respect to another currency. The purpose of foreign exchange is to compare one currency with another for showing their relative values.
Trade Registration and Licensing
Obtaining a business license in Ethiopia. The Ministry of Trade and Industry is the main institution responsible for registering a business in Ethiopia.
National Bank Directives
The National Bank of Ethiopia was established in 1963 by proclamation 206 of 1963 and began operation in January 1964. Prior to this proclamation, the Bank used to carry out dual activities, i.e. commercial banking and central banking.
International Remittance
We partner with over 13+ world best money transfer agents
