Awash Bank has launched Awash Capital, marking its entry into full-scale investment banking. The new unit, reportedly capitalised at 200 million Br, offers corporate finance and advisory services, underwriting and brokerage, as well as research and market intelligence. Officials said the move comes as the financial sector enters a new phase, supported by the establishment of the Ethiopian Capital Market Authority(ECMA), which is expected to stimulate business activity. President Andualem Hailu (PhD) highlighted that consulting services will include a focus on green finance. Awash Capital is the fourth investment bank in the country, following Wegagen, CBE, and First Addis Investment Bank.

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