As the trade and investment between Ethiopia and Djibouti is on an upward trajectory, the inter connectivity in the Banking sector is fast growing. The Cooperative Bank of Oromia (COOP) has recently taken steps to expand its presence in the Djibouti-an banking market.
A delegation from COOP met with the Governor of the Central Bank of Djibouti, Mr. Ahmed Salah, and held talks with representatives from CAC International Bank, International Investment Bank (IIB), and Exim Banks. The delegation also visited the Doraleh Multipurpose Port (DMP) and Port of Djibouti.
COOP aims to build a stronger presence in Djibouti by offering high quality and innovative banking services. The visit and meetings with key players in the Djibouti-an banking sector demonstrate COOP’s commitment to increasing its presence in the region.
This move is expected to enhance economic ties between Ethiopia and Djibouti and promote greater financial integration between the two countries.
