CBO is established to provide all banking service and products.
It was registered on 29 October 2004 in accordance with Article 304 of the commercial code of Ethiopia
and was licensed by National Bank of Ethiopia as per proclamation No. 84/1994 that provides for licensing
and supervision of banking businesses.
CBO started operation with 7 branches in 2005. Since then it has been working dedicatedly
to provide its services to all customers all over the country. Currently 38 branches are in operation.. Gulele branch,Iteya,Boqoji,Arsi Negele,Arsi qarsa(Arsi Zone),
Gimbi,Sebeta Ayyo,Sululta,Mojo branches commenced operation.
To serve our customers closely We extend number of Branches to 38.At present the bank finalized its preparation to further extend and reachs 40.