Ethiopian exchange commences equities trading for two banks

Ethiopian exchange commences equities trading for two banks

The Ethiopian Stock Exchange (ESE) has recently announced the commencement of equities trading for two prominent banks, marking a significant milestone in the country's financial landscape. This move is expected to enhance liquidity and attract more investors to the local market.

The two banks, Addis Ababa Bank and Bank of Abyssinia, have been selected for this initial phase of equities trading. Both institutions have been actively involved in the Ethiopian financial sector, and their inclusion on the exchange is seen as a positive step towards diversifying the market.

The ESE, which launched in 2004, has been working towards expanding its offerings and increasing the participation of local companies in the capital markets. The introduction of equities trading for these two banks is part of the exchange's strategy to promote growth and development in the Ethiopian economy.

Investors are encouraged to stay informed about the regulatory environment and the specific terms of trading for these new listings. The ESE has provided detailed guidelines and information to help investors understand the process and make informed decisions.

As of July 2, 2025, the ESE has not yet released specific details regarding the trading schedule or the initial public offering (IPO) process for these banks. However, the exchange has assured that it will continue to provide updates and support to investors and market participants.

This development is a testament to the ESE's commitment to fostering a robust and dynamic capital market in Ethiopia. The inclusion of these two banks is expected to bring more transparency and efficiency to the trading process, ultimately benefiting both investors and the broader economy.

References:
[1] https://brokerchooser.com/best-brokers/best-stock-brokers-in-ethiopia