Oromia International Bank S.C began operation on 25 October 2008 with a starting capital of 110 million birr (Br), surpassing the minimum capital requirement by 35 million Br. With its headquarters located in front of Dembel City Centre, near Getu Commercial Center in its own 13 story building on Africa Avenue (Bole Road). Established with the commercial banking business objectives, OIB is undertaking a universal commercial banking services such as deposit mobilization, lending of money, remittance service, and international banking services and interest free banking.