Oromia Bank

Oromia Bank (formerly Oromia International Bank), founded in 2008 and headquartered in Addis Ababa, is a private Ethiopian bank offering conventional, interest-free (Sharia-compliant), digital, and international banking to individuals and businesses.

Key capabilities include:

• Digital banking via OrooDigital: internet and mobile banking, bill payments (school fees, water bills, mobile top-ups, air tickets, entertainment), and merchant and card services
• Savings and deposit products: community-based options such as Miiltoo Savings (for Iqqub/Iqub members) and Daboo Savings (for clubs and cooperatives), profession-focused Qaroo Savings for educators and health professionals, and Subii Farmer Mudarabah Savings
• Interest-free banking: Mudarabah savings accounts under Sharia principles, including a Diaspora Mudarabah Savings Account for foreign-currency deposits
• Access and international services: Oro Agent Banking for underserved areas, foreign-currency accounts (NRT, NR-NT, FCY investment), international remittance, and export letters of credit

Available on Web, Android, and iOS.

Target audience: Mainly B2C individuals in Ethiopia, including Ethiopian-origin diaspora for select foreign-currency and Sharia-based savings products, plus business and corporate account holders.

Notable for its rapid growth: the bank reported 2.6 billion birr in pre-tax profit for the 2024/25 fiscal year (up 155%), with total assets exceeding 85 billion birr, deposits of 70.3 billion birr, and paid-up capital of 6.88 billion birr. It operates a nationwide network of over 400 branches and more than 5,000 employees, and is identified by SWIFT code ORIRETAA with a toll-free call center at 840.