The Cooperative Bank of Oromia, known as Coopbank, announced it had disbursed more than 6 billion birr in digital agricultural loans to more than 67,000 farmers in Ethiopia during the 2025-2026 financial year, in a statement published on Saturday, 17 October.
These figures were presented to shareholders gathered in Adama for the bank's 22nd ordinary general meeting. They cover loans already disbursed during the past financial year, the Ethiopian weekly Addis Fortune also reports.
Agricultural financing is among the digital activities detailed by the bank. It also reports 22.3 million users of its Coopay E-birr electronic wallet, on which saved sums reach 5 billion birr, according to its report.