The Ethiopian Securities Exchange (ESX) has identified six banks progressing toward listing on its Securities Market targeting nine more companies before the end of the fiscal years. Anbesa Bank, Awash Bank, Abay Bank, and Amhara Bank have advanced in finalising their securities registration with ECMA and preparing their prospectuses, earning ESX’s approval in principle for listing. Meanwhile, Bank of Abyssinia and Dashen Bank have also received ESX’s approval in principle and are next to complete their registration and prospectus publication. The announcement, shared on ESX’s official page, highlights major Security issuers moving toward Main Market debut. Currently, the Main Market features a limited number of listings, including Wegagen Bank, Gadaa Bank, Habesha Breweries, and Ethio telecom through IPO offerings.
[ssba-buttons]