Ethiopian Capital Market

𝐒𝐞𝐟𝐢𝐚𝐥𝐞𝐦 𝐋𝐢𝐛𝐞𝐧 𝐡𝐚𝐬 𝐬𝐭𝐞𝐩𝐩𝐞𝐝 𝐝𝐨𝐰𝐧 𝐚𝐬 𝐏𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭 𝐨𝐟 Ahadu Bank, 𝐰𝐢𝐭𝐡 𝐕𝐢𝐜𝐞 𝐏𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭 𝐒𝐢𝐬𝐚𝐲 𝐆𝐞𝐛𝐫𝐮 𝐚𝐬𝐬𝐮𝐦𝐢𝐧𝐠 𝐭𝐡𝐞 𝐫𝐨𝐥𝐞 𝐨𝐟 𝐀𝐜𝐭𝐢𝐧𝐠 𝐏𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭. Read more here: https://lnkd.in/eaZ6WVyq

𝐁𝐑𝐄𝐀𝐊𝐈𝐍𝐆 𝐍𝐄𝐖𝐒: Ethiopia's Parliament Passes Landmark Law to Allow Foreign Banks Ethiopia’s Parliament has approved a historic banking law that paves the way for foreign banks to enter the country’s financial market. The new legislation enables foreign banks to invest in local banks by purchasing shares, with the option to fully acquire them upon approval from the National Bank of Ethiopia, on a case-by-case basis. This development marks a major step in opening up Ethiopia’s banking sector to international investment.

የምዝገባ: መስፈርቶች: ምንድን: ናቸው? What are the Listing Requirements? #Ethiopia #CapitalMarket #ካፒታልገበያ #PragmaInsights Ethiopian Capital Market Authority Ethiopian Securities Exchange (ESX)

Siket Bank has achieved remarkable financial growth, posting a net profit of 1.54 billion Br, a 50% increase compared to last year. This performance highlights a 25% rise in paid-up capital, now at 5.46 billion Br, exceeding the National Bank of Ethiopia's minimum capital requirement. Key Highlights: 📈 36% growth in total deposits, reaching 4.9 billion Br 📈 Expanding loan portfolio now at 9 billion Br 📈 8% increase in collected debts, totaling 4.2 billion Br 📈 41% surge in total income, amounting to 2.37 billion Br, with 75% driven by interest revenue Despite a 28% rise in total expenditures, reaching 828.5 million Br, Siket Bank maintained a healthy profit margin. #SiketBank #EthiopianBanks #EthiopianCapitalMarket #Ethiopia #EthiopianSecuritiesExchange

We’re licensed and ready to lead the future of finance! The Ethiopian Securities Exchange (ESX) has officially secured its license from the Ethiopian Capital Market Authority (ECMA), launching Ethiopia into a new era with its first organized securities market. This isn’t just a milestone—it’s a game-changer! Get ready for a vibrant marketplace connecting businesses and investors, driving economic growth, and transforming opportunities for all.

The i-Capital Africa Institute has officially become the first Securities Investment Advisor licensed by the Ethiopian Capital Market Authority This is a significant step forward in strengthening Ethiopia's capital markets, offering professional investment advisory services to investors, issuers, and market participants. Read more here: https://lnkd.in/epsTTBDU

The i-Capital Africa Institute has officially become the Securities Investment Advisor licensed by the Ethiopian Capital Market Authority This is a significant step forward in strengthening Ethiopia's capital markets, offering professional investment advisory services to investors, issuers, and market participants. Read more here: https://lnkd.in/epsTTBDU

Hibret Bank’s 2024 Financial Performance Hits 2.3 Billion Br in Profit A total revenue up by 28.1% and assets growing to 96.58 billion Br. Read more: https://lnkd.in/dW7BRJPZ #ethiopia #hibretbank #unitedbank #annualreports #ethiopianbanks

Awash Bank Surpasses Expectations With 8.7 Billion Br Annual Profit Deposits surged by 24% to reach 232.4 billion Br, while the Bank's total assets climbed 25.9% to 282.4 billion Br. Read more: https://lnkd.in/esUNKUv7

Development Bank of Ethiopia reports an incredible 258% profit growth in Q1, driven by strategic loan disbursements and improved collections. Read more from: https://lnkd.in/eea2Axa4