Internship report on cooperative bank of oromia pdf

@article{Etefa2021TheSA, title={The Status and Role of Cooperatives and Cooperative Bank of Oromia in the Socio-Economic Development in Ethiopia}, author={Desalegn Fekadu Etefa}, journal={European Journal of Business and Management}, year={2021}, url={ 235469425} }Cooperative is a useful instrument to alleviate the socio-economic
problems of the people in many developing countries including Ethiopia. Cooperation among people has existed since time immemorial. However, formal cooperatives began in Ethiopia in 1960.

Following this, with the initiative of the government to encourage financial institutions, Cooperative Bank of Oromia was emerged in 2004. Since its establishment, Cooperative Bank of Oromia played its share to solve the bottleneck of… D. MojoT. DegefaC. FischerEconomics2018Cooperatives have been playing important roles in the socio-economic
lives of communities for a long time during which they have also encountered challenges and weaknesses. These have made countries… Since 1991, policies of economic liberalization in Ethiopia have been effective in releasing the economy from rigid state control. At the same time, they have also exposed Ethiopian people to… Kifle
TesfamariamAgricultural and Food Sciences, Business2015Cooperatives in Ethiopia are playing an active role in the fields of banking, input and output marketing, agro-processing, and many other social and economic activities. Performance analyses of the… N. MohammedByeongcheon LeeEconomics2014For small land-holding, developing and
agricultural based economic countries like Ethiopia, cooperative type of business is recommended as a solution to promote income distribution, reduce poverty… Hailu Adugna AyanoEconomics2013The study was conducted with the main objectives of assessing the role of co-operatives in improving communities’ livelihood and in stimulating local
economic development. More specifically, it… D. MojoC. FischerT. DegefaEconomics2015Cooperatives are considered as potential organizational vehicles for sustainable development due to their multiple objectives and diverse roles. In particular, a lot is expected from agricultural… B. IyerEconomics, Political Science2020Cooperatives are a main
means of organization for economic activity, generally operating on principles of equal membership and members’ democratic control of their means of livelihood. Co-ops have… Desalegn Fekadu EtefaEconomics2019The objective of this study is to show the overall development trends and the challenges encountering the multi-purpose cooperatives
(MPCs). To do so, research methodology employed was descriptive,… A. GedaBusiness, Economics2006One of the main objectives of financial institutions such as banks is mobilizing resources (in particular, domestic savings) and channelling these to would-be investors. This intermediation role of… Desalegn Fekadu Etefa Cooperative is a useful
instrument to alleviate the socio-economic problems of the people in many developing countries including Ethiopia. Cooperation among people has existed since time immemorial. However, formal cooperatives began in Ethiopia in 1960. Following this, with the initiative of the government to encourage financial institutions, Cooperative Bank of
Oromia was emerged in 2004. Since its establishment, Cooperative Bank of Oromia played its share to solve the bottleneck of institutions and individuals in delivering both financial and non-financial services to the unbanked and under banked communities as well as to sustain the co-operative institutions.
The objective of this review article is to show the status and role of cooperatives and Cooperative Bank of Oromia in the socio-economic development in Ethiopia. Intensive conceptual and empirical literature reviews were made in the areas of cooperative development, cooperative policy and regulatory framework documents, annual reports of
Cooperative Bank of Oromia and the Federal Cooperative Agency’s report. The study indicated that the number of primary cooperatives has increased from 7,366 in 1991 to 82,089 at the beginning of 2019 showing 1,014% rate of growth. The number of members increased from 4.5million to 18 million during the same period demonstrating growth
rate of 297%. Their capital was increased from half billion to 20.5 billion birr during the stated periods. Likewise, Cooperative Bank of Oromia has shown dramatic progress.
Its capital is increased from 300 million to more than 5 billion; the numbers of branches increased from 7 to 420, number of employees are 8,163. The review confirmed that the bank is contributing multi-directional socio-economic development in the country.

Since its establishment, Cooperative Bank of Oromia played its share to solve the bottleneck of… D. MojoT. DegefaC. FischerEconomics2018Cooperatives have been playing important roles in the socio-economic lives of communities for a long time during which they have also encountered challenges and weaknesses. These have made countries…
Since 1991, policies of economic liberalization in Ethiopia have been effective in releasing the economy from rigid state control. At the same time, they have also exposed Ethiopian people to… Kifle TesfamariamAgricultural and Food Sciences, Business2015Cooperatives in Ethiopia are playing an active role in the fields of banking, input and output
marketing, agro-processing, and many other social and economic activities. Performance analyses of the… N. MohammedByeongcheon LeeEconomics2014For small land-holding, developing and agricultural based economic countries like Ethiopia, cooperative type of business is recommended as a solution to promote income distribution, reduce
poverty… Hailu Adugna AyanoEconomics2013The study was conducted with the main objectives of assessing the role of co-operatives in improving communities’ livelihood and in stimulating local economic development. More specifically, it… D. MojoC. FischerT. DegefaEconomics2015Cooperatives are considered as potential organizational vehicles
for sustainable development due to their multiple objectives and diverse roles. In particular, a lot is expected from agricultural… B. IyerEconomics, Political Science2020Cooperatives are a main means of organization for economic activity, generally operating on principles of equal membership and members’ democratic control of their means of
livelihood. Co-ops have… Desalegn Fekadu EtefaEconomics2019The objective of this study is to show the overall development trends and the challenges encountering the multi-purpose cooperatives (MPCs). To do so, research methodology employed was descriptive,… A. GedaBusiness, Economics2006One of the main objectives of financial institutions
such as banks is mobilizing resources (in particular, domestic savings) and channelling these to would-be investors. This intermediation role of… Desalegn Fekadu Etefa Cooperative is a useful instrument to alleviate the socio-economic problems of the people in many developing countries including Ethiopia. Cooperation among people has existed
since time immemorial. However, formal cooperatives began in Ethiopia in 1960. Following this, with the initiative of the government to encourage financial institutions, Cooperative Bank of Oromia was emerged in 2004. Since its establishment, Cooperative Bank of Oromia played its share to solve the bottleneck of institutions and individuals in
delivering both financial and non-financial services to the unbanked and under banked communities as well as to sustain the co-operative institutions. The objective of this review article is to show the status and role of cooperatives and Cooperative Bank of Oromia in the socio-economic development in Ethiopia. Intensive conceptual and empirical
literature reviews were made in the areas of cooperative development, cooperative policy and regulatory framework documents, annual reports of Cooperative Bank of Oromia and the Federal Cooperative Agency’s report. The study indicated that the number of primary cooperatives has increased from 7,366 in 1991 to 82,089 at the beginning of 2019
showing 1,014% rate of growth. The number of members increased from 4.5million to 18 million during the same period demonstrating growth rate of 297%. Their capital was increased from half billion to 20.5 billion birr during the stated periods.
Likewise, Cooperative Bank of Oromia has shown dramatic progress.

MojoT. DegefaC. FischerEconomics2018Cooperatives have been playing important roles in the socio-economic lives of communities for a long time during which they have also encountered challenges and weaknesses. These have made countries… Since 1991, policies of economic liberalization in Ethiopia have been effective in releasing the economy
from rigid state control. At the same time, they have also exposed Ethiopian people to… Kifle TesfamariamAgricultural and Food Sciences, Business2015Cooperatives in Ethiopia are playing an active role in the fields of banking, input and output marketing, agro-processing, and many other social and economic activities. Performance analyses of the…
N. MohammedByeongcheon LeeEconomics2014For small land-holding, developing and agricultural based economic countries like Ethiopia, cooperative type of business is recommended as a solution to promote income distribution, reduce poverty… Hailu Adugna AyanoEconomics2013The study was conducted with the main objectives of assessing the
role of co-operatives in improving communities’ livelihood and in stimulating local economic development. More specifically, it… D. MojoC. FischerT. DegefaEconomics2015Cooperatives are considered as potential organizational vehicles for sustainable development due to their multiple objectives and diverse roles. In particular, a lot is expected from
agricultural… B. IyerEconomics, Political Science2020Cooperatives are a main means of organization for economic activity, generally operating on principles of equal membership and members’ democratic control of their means of livelihood. Co-ops have… Desalegn Fekadu EtefaEconomics2019The objective of this study is to show the overall
development trends and the challenges encountering the multi-purpose cooperatives (MPCs). To do so, research methodology employed was descriptive,… A. GedaBusiness, Economics2006One of the main objectives of financial institutions such as banks is mobilizing resources (in particular, domestic savings) and channelling these to would-be
investors. This intermediation role of… Desalegn Fekadu Etefa Cooperative is a useful instrument to alleviate the socio-economic problems of the people in many developing countries including Ethiopia. Cooperation among people has existed since time immemorial. However, formal cooperatives began in Ethiopia in 1960. Following this, with the
initiative of the government to encourage financial institutions, Cooperative Bank of Oromia was emerged in 2004. Since its establishment, Cooperative Bank of Oromia played its share to solve the bottleneck of institutions and individuals in delivering both financial and non-financial services to the unbanked and under banked communities as well as
to sustain the co-operative institutions. The objective of this review article is to show the status and role of cooperatives and Cooperative Bank of Oromia in the socio-economic development in Ethiopia. Intensive conceptual and empirical literature reviews were made in the areas of cooperative development, cooperative policy and regulatory
framework documents, annual reports of Cooperative Bank of Oromia and the Federal Cooperative Agency’s report. The study indicated that the number of primary cooperatives has increased from 7,366 in 1991 to 82,089 at the beginning of 2019 showing 1,014% rate of growth. The number of members increased from 4.5million to 18 million during
the same period demonstrating growth rate of 297%. Their capital was increased from half billion to 20.5 billion birr during the stated periods. Likewise, Cooperative Bank of Oromia has shown dramatic progress. Its capital is increased from 300 million to more than 5 billion; the numbers of branches increased from 7 to 420, number of employees
are 8,163. The review confirmed that the bank is contributing multi-directional socio-economic development in the country. It is obvious that if it continues in this manner, the bank will be one of the leading banking industries in the country.

Performance analyses of the… N.

These have made countries… Since 1991, policies of economic liberalization in Ethiopia have been effective in releasing the economy from rigid state control. At the same time, they have also exposed Ethiopian people to… Kifle TesfamariamAgricultural and Food Sciences, Business2015Cooperatives in Ethiopia are playing an active role in the fields of
banking, input and output marketing, agro-processing, and many other social and economic activities. Performance analyses of the… N. MohammedByeongcheon LeeEconomics2014For small land-holding, developing and agricultural based economic countries like Ethiopia, cooperative type of business is recommended as a solution to promote income
distribution, reduce poverty… Hailu Adugna AyanoEconomics2013The study was conducted with the main objectives of assessing the role of co-operatives in improving communities’ livelihood and in stimulating local economic development. More specifically, it… D. MojoC. FischerT. DegefaEconomics2015Cooperatives are considered as potential
organizational vehicles for sustainable development due to their multiple objectives and diverse roles. In particular, a lot is expected from agricultural… B. IyerEconomics, Political Science2020Cooperatives are a main means of organization for economic activity, generally operating on principles of equal membership and members’ democratic control
of their means of livelihood. Co-ops have… Desalegn Fekadu EtefaEconomics2019The objective of this study is to show the overall development trends and the challenges encountering the multi-purpose cooperatives (MPCs). To do so, research methodology employed was descriptive,… A. GedaBusiness, Economics2006One of the main objectives of
financial institutions such as banks is mobilizing resources (in particular, domestic savings) and channelling these to would-be investors. This intermediation role of… Desalegn Fekadu Etefa Cooperative is a useful instrument to alleviate the socio-economic problems of the people in many developing countries including Ethiopia. Cooperation among
people has existed since time immemorial.
However, formal cooperatives began in Ethiopia in 1960. Following this, with the initiative of the government to encourage financial institutions, Cooperative Bank of Oromia was emerged in 2004. Since its establishment, Cooperative Bank of Oromia played its share to solve the bottleneck of institutions and individuals in delivering both financial and
non-financial services to the unbanked and under banked communities as well as to sustain the co-operative institutions. The objective of this review article is to show the status and role of cooperatives and Cooperative Bank of Oromia in the socio-economic development in Ethiopia. Intensive conceptual and empirical literature reviews were made in
the areas of cooperative development, cooperative policy and regulatory framework documents, annual reports of Cooperative Bank of Oromia and the Federal Cooperative Agency’s report. The study indicated that the number of primary cooperatives has increased from 7,366 in 1991 to 82,089 at the beginning of 2019 showing 1,014% rate of growth.
The number of members increased from 4.5million to 18 million during the same period demonstrating growth rate of 297%. Their capital was increased from half billion to 20.5 billion birr during the stated periods. Likewise, Cooperative Bank of Oromia has shown dramatic progress. Its capital is increased from 300 million to more than 5 billion; the
numbers of branches increased from 7 to 420, number of employees are 8,163. The review confirmed that the bank is contributing multi-directional socio-economic development in the country.
It is obvious that if it continues in this manner, the bank will be one of the leading banking industries in the country. Keywords: Cooperatives, Cooperative Bank of Oromia, Role, Status, Socio-Economic Contribution DOI: 10.7176/EJBM/13-7-02 Publication date: April 30th 2021 Full Text: PDF To list your conference here. Please contact the
administrator of this platform. Paper submission email: EJBM@iiste.orgISSN (Paper)2222-1905 ISSN (Online)2222-2839Please add our address "contact@iiste.org" into your email contact list.This journal follows ISO 9001 management standard and licensed under a Creative Commons Attribution 3.0 License.Copyright © www.iiste.org PricingSign up