The Ethiopian Capital Market Authority (ECMA) has approved the registration of Bunna Bank S.C.’s securities, marking another step in the formalization of Ethiopia’s emerging capital market.
In a notice issued on June 23, 2026, ECMA announced that it had registered a total of 61.9 million shares already held by Bunna Bank shareholders and approved the registration of an additional 2.59 million new shares to be offered to existing shareholders.
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The registration was carried out in accordance with the Public Offer and Trading of Securities Directive No. 1030/2024, which requires issuers to register securities held by shareholders and obtain approval before offering securities to the public.
ECMA emphasized that the registration should not be interpreted as an endorsement of the securities or an invitation to buy or sell shares. The Authority stated that the notice is intended solely to inform the public that the securities have been officially registered.
The development makes Bunna Bank one of the latest financial institutions to complete the securities registration process under Ethiopia’s evolving capital market framework.
