Ethiopian Capital Market Authority has officially approved the registration of securities for Awash Bank S.C., marking another step forward in the development of Ethiopia’s emerging capital market.
In a public notice issued on March 16, 2026, the Authority confirmed that it has reviewed and approved Awash Bank’s Registration Statement in accordance with the Public Offer and Trading of Securities Directive No. 1030/2024.
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As part of the registration, a total of 54,066,089 existing ordinary shares, currently held by the bank’s shareholders, have been formally registered.
The directive requires all securities offered, sold, or previously issued to the public to be registered with the Authority unless specifically exempted. The move ensures greater transparency, regulatory oversight, and alignment with Ethiopia’s broader efforts to operationalize its capital market.
Awash Bank’s registration is seen as a significant milestone as more financial institutions prepare to enter the formal securities market, potentially paving the way for future public offerings and secondary market trading.
