Abstract:
The major goal of this research is to look into the Challenges of private commercial banks in
Ethiopia generating foreign currency, with a focus on Cooperative Bank of Oromia S.C.The study
used a descriptive method and, in particular, survey design methodologies. Using questionnaires,
the survey was done with employees from Cooperative Bank of Oromia S.C. in various positions.
In addition, the investigation employs a methodical review of Coopbank and NBE papers and
records .The lack of a sufficient number of real exporters, limited exportable commodities within
the country, lack of unrestricted government assistance for the export sector, export fund
diversions, and the development of informal and parallel marketplaces were all discovered in this
study private banks' failure to maintain excellent relationships with international correspondent
banks, heavy dominance of a few core agricultural export commodities,
As a recommendation, the study suggests that the bank focus more on the export sector, work
with a variety of remitting agencies, align its internal policies and procedures with the governing
body's rules and regulations, and develop better strategies to boost the bank's export earnings and
encourage diaspora Ethiopians to use the official channel rather than the parallel channel
