cbe

USD
53.0886
54.1504
,
GBP
62.1019
63.3439
,
EUR
55.9076
57.0258
,
CHF
54.1489
55.2319
,
SEK
4.6487
4.7417
,
NOK
4.9112
5.0094
,
DKK
6.8036
6.9397
,
DJF
0.2949
0.3008
,
JPY
0.355
0.3621
,
CAD
35.7798
36.4954
,
SAR
12.7797
13.0353
,
AED
13.0803
13.3419
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
32.6996
33.3536
,
SDR
,
ZAR
,
CNY
6.9042
7.0423
,
KWD
165.1794
168.483

awash

USD
53.0886
54.1504
,
EUR
55.9076
57.0258
,
GBP
65.0282
66.3288
,
CAD
39.5357
40.3264
,
AED
14.4534
14.7425
,
CHF
56.7004
57.8344

abyssinia

USD
52.8333
53.89
,
GBP
57.1462
58.2891
,
EUR
52.0831
53.1248
,
AED
13.0173
13.2776
,
NOK
4.525
4.6155
,
SAR
12.7148
12.9691
,
SEK
4.287
4.3727
,
CAD
34.7916
35.4874

abay

USD
53.0886
54.1504
,
EUR
55.9076
57.0258
,
GBP
65.0282
66.3288
,
CHF
56.7004
57.8344
,
AUD
36.1321
36.8547
,
AED
14.4534
14.7425
,
CNY
7.629
7.7816
,
DKK
7.5178
7.6682
,
DJF
0.2949
0.3008
,
INR
0.6485
0.6615
,
JPY
0.3922
0.4
,
KES
0.4
0.4409
,
NOK
5.4267
5.5352
,
SAR
14.1212
3.1433
,
ZAR
3.0817
3.1277
,
SEK
5.1367
5.2394
,
SDR
70.5229
71.9334

zemen

CAD
39.5064
40.2965
,
EUR
55.332
56.4386
,
GBP
64.4691
65.7585
,
SEK
5.0667
5.168
,
USD
53.061
54.1222

buna

nib

berhan

wegagen

USD
53.0774
54.1389
,
GBP
62.1396
63.3824
,
EURO
55.8693
56.9867
,
CAD
35.7404
36.4552
,
AUD
32.7503
33.4053
,
CHF
53.6594
54.7326
,
SEK
4.5906
4.6824
,
NOK
4.8276
4.9242
,
DKK
6.7205
6.8549
,
DJF
0.2947
0.3006
,
INR
0.6494
0.6624
,
KSH
0.433
0.4417
,
JPY
0.3471
0.354
,
SAR
12.7667
13.022
,
AED
13.0617
13.3229
,
ZAR
3.1723
3.2357
,
CNY
6.7196
6.854
,
KWD
164.7021
167.9961

dgb

USD
53.0886
54.1504
,
GBP
65.0282
66.3288
,
EUR
55.9076
57.0258
,
CHF
56.7004
57.8344
,
CAD
39.5357
40.3264
,
AUD
36.1321
36.8547
,
SEK
5.1367
5.2394
,
NOK
5.4267
5.5352
,
DKK
7.5178
7.6682
,
DJF
0.2949
0.3008
,
INR
0.6485
0.6615
,
KSH
0.4323
0.4409
,
JPY
0.3922
0.4
,
SAR
14.1212
14.4036
,
AED
14.4534
14.7425
,
ZAR
3.0817
3.1433
,
CNY
7.629
7.7816
,
KWD
172.9627
176.422

enat

USD
53.0886
54.1504
,
GBP
62.1019
63.3439
,
CHF
0
0
,
SEK
0
0
,
NOK
0
0
,
DKK
0
0
,
KES
0
0
,
JPY
0
0
,
DJF
0
0
,
CAD
0
0
,
AUD
0
0
,
SAR
0
0
,
AED
0
0
,
ZAR
0
0
,
CNY
0
0

addis

GBP
59.4718
60.6612
,
USD
52.1166
53.1589

nbe

KWD
126.8085
129.34467
,
CNH
5.6258
5.738316
,
ZAR
2.6751
2.728602
,
AED
9.9063
10.104426
,
SDR
57.7908
58.946616
,
EUR
48.4016
49.369632
,
CAD
28.7765
29.35203
,
AUD
28.3265
28.89303
,
JPY
0.3389
0.345678
,
SAR
9.7001
9.894102
,
INR
0.5525
0.56355
,
DJF
0.2234
0.227868
,
KES
0.3664
0.373728
,
DKK
5.8896
6.007392
,
NOK
4.2714
4.356828
,
SEK
4.3114
4.397628
,
CHF
41.5822
42.413844
,
GBP
53.539
54.60978

dashen

USD
53.0886
54.1504
,
GBP
62.1019
63.3439
,
CHF
54.1489
55.2319
,
SEK
4.6487
4.7417
,
NOK
4.9112
5.0094
,
DKK
6.8036
6.9397
,
JPY
0.355
0.3621
,
CAD
35.7798
36.4954
,
SAR
12.7797
13.0353
,
AED
13.0803
13.3419
,
EUR
55.9076
57.0258
,
DJF
,
INR
,
KES
,
AUD
,
ZAR
,
CNY

oromia

USD
53.0886
54.1504
,
EUR
55.9076
57.0258
,
GBP
65.0282
66.3288
,
SAR
14.1212
14.4036
,
CHF
56.7004
57.8344
,
AED
14.4534
14.7425

lion

USD
53.0886
54.1504
,
GBP
65.0282
66.3288
,
EUR
55.9076
57.0258

coop

Oromia International Bank Wins the Quality Choice Award of 2022  

Oromia International Bank S.C. (OIB), established in Ethiopia on September 18, 2008, has been the beneficiary of the Quality Choice Award of 2022 given out by the European Society for Quality Research (ESQR). According to the Business Standard, some 43 award-winning companies from 35 countries attended the program there along with the international business community.

President of Oromia International Bank receiving the Quality Choice Award 2022
President of Oromia International Bank receiving the Quality Choice Award 2022
Source: Capital Ethiopia

The award ceremony was held in Barcelona at the Marriott Hotel on July 3 and 4, 2022 with the attendance of representatives from various nationalities and industry sectors. Teferi Mekonnen, President of Oromia International Bank, received the award on behalf of the financial firm.

For Oromia Bank, this international quality award is unique as it is the first international quality award to be recorded in the history of the bank. However, the bank has been recognized by several other institutions, both national and continental, prior to receiving the Quality Choice Award in 2022. Among those listed on Oromia Bank’s website, included are:

  • African Interest-free Banking & Finance Awards of 2019
  • 2020 Outstanding Performance in ATM transaction from ETSWITCH
  • 2020 Platinum Tax Payer Award
  • 2021 Gold-level Tax Payer Award

Around the same time as the international award, Oromia Bank released an article regarding the opening of a total of 26 branches in only eight months’ time. Of these branches, 80% were opened outside the capital city, Addis Ababa. As a result, the number of OIB branches in Ethiopia reached 270.

According to its website, Oromia International Bank has been able to break even within its first year of operation and has been reaching the unbanked society, regardless of the fact that it is a relative newcomer among the other banks operating in Ethiopia. The international recognition it received from ESQR may just be a testament to the prosperous future ahead of it.

About ESQR

The European Society for Quality Research (ESQR), as per its website, recognizes and highlights outstanding business results, best practices, quality awareness, and achievements by companies in regional and global markets. It does so without regard to its sector, size, and location.

The institution awards recognize and encourage organizations to share their best practices, experience, and knowledge with other organizations by recognizing their distinctive performance improvement, organizational excellence, and customer focus.

The recognition provides independent assurance to the organization’s stakeholders and customers, and it motivates employees to strive for long-term excellence.

ESQR has been giving such an award to internationally renowned organizations, universities, banks, and others among which is the African biggest airline, Ethiopian Airlines.

 

 

Oromia International Bank

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Oromia International Bank

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Diaspora Focused Financing

Bank Guarantee Service

Interest Free Banking

Multi Service IFB