The Ethiopian Capital Market Authority (ECMA) has approved the registration of 11,665,497 existing shares of Hibret Bank S.C., marking another step in the bank’s securities being brought under the capital market regulatory framework.

ECMA said it approved Hibret Bank’s Registration Statement on August 6, 2026, in accordance with the Capital Market Proclamation No. 1248/2021 and the Public Offer and Trading of Securities Directive No. 1030/2024.

The registered shares are existing shares already held by Hibret Bank shareholders. The registration does not constitute a new public offering or solicitation to buy or sell the securities.

ECMA clarified that the notice is solely intended to inform the public of the registration and should not be interpreted as an endorsement of the securities or any offer involving them.

The registration comes as Ethiopia continues to develop its securities market and strengthen the regulatory framework governing securities held and traded by investors.