Coopbank’s Net Profit Nearly Quadruples to 6.14 Billion Birr
According to Banks in Ethiopia, Coopbank’s net profit nearly quadrupled to 6.14 billion birr in 2025/26, driven by stronger lending income, fees, and foreign-exchange gains. Coopbank’s Net Profit Nearly Quadruples to 6.14 Billion Birr Cooperative Bank of Oromia (Coopbank) nearly quadrupled its net profit in the 2025/26 fiscal year , as stronger lending income, higher fee revenue, and foreign-exchange gains boosted its financial performance.

What happened
Coopbank’s net profit nearly quadrupled to 6.14 billion birr in 2025/26, driven by stronger lending income, fees, and foreign-exchange gains. Coopbank’s Net Profit Nearly Quadruples to 6.14 Billion Birr Cooperative Bank of Oromia (Coopbank) nearly quadrupled its net profit in the 2025/26 fiscal year , as stronger lending income, higher fee revenue, and foreign-exchange gains boosted its financial performance.
Why it matters
No verified analysis is available for this report.
What to watch
No source-supported next development has been confirmed for this story.
NEXT🇪🇹🇬🇭 Ghanaian President Says Ethiopia’s Megech Dam Offers Africa a Blueprint for Transformational DevelopmentAccording to Fana Media Corporation (FMC), 🇪🇹🇬🇭 Ghanaian President Says Ethiopia’s Megech Dam Offers Africa a Blueprint for Transformational Development On…MARKETSEthiopia’s securities exchange adds ninth trading member as market expandsAccording to BusinessDay, Share Ethiopia’s securities market has added another licensed intermediary: PrizeWorth Investment Bank S.C. has joined the Ethiopian…
ENERGYFuel Stations Barred From Switching Distributors Without Contractual ClearanceAccording to Birr Metrics, Fuel Stations Barred From Switching Distributors Without Contractual Clearance Yared Seyoum October 23, 2026 Federal Democratic…
POLITICSDangote unveils $50bn Africa investment plan, acquires 25% stake in Kenya pipeline network - ThisDay.com.ngAccording to ThisDay, News Dangote unveils $50bn Africa investment plan, acquires 25% stake in Kenya pipeline network 20 hours ago by todaynews “Just let me…