Dashen Bank S.C. has opened a new share offering to investors following the approval of its prospectus by the Ethiopian Capital Market Authority (ECMA).
According to the approved prospectus, prospective investors can purchase newly issued shares by visiting the bank’s head office and opening a trading account with stock brokers or investment banks licensed by ECMA. The share subscription window will remain open until March 7, 2018.
Related articles
The bank has encouraged all investors to carefully read the full prospectus before making any investment decisions. It further advised individuals who are uncertain about the offering to seek guidance from independent financial advisors licensed by ECMA.
Dashen Bank emphasized that the prospectus should not be interpreted as financial advice or an endorsement to purchase shares. The announcement itself has been reviewed and approved by the Ethiopian Capital Market Authority.
