• Share purchase: Existing shareholders can buy additional shares through approved brokers. 

• Required docs: Must submit ID, TIN, email, and authorization evidence. 

• Right offer structure: Both new and previously unpurchased shares are available. 

• Broker role: Purchases processed via Capital Market Authority–licensed brokers. 

• Share register: Bank’s share details and eligibility verified against customer records. 

  
  

Why it matters:

• ECMA registered 15 million existing Bank of Abyssinia shares with the authority’s registry. 

• 3.125 million new shares approved for issuance via rights offer. 

• Registration follows Directive No.1030/2024 requiring public securities to be registered. 

• ECMA emphasized notice is for public information, not a sales offer. 

• Move aligns Bank of Abyssinia with Ethiopia’s evolving capital market regulations. 

Why it matters:

• Bank of Abyssinia’s total deposits exceeded 300 billion birr in early 2025/26. 

• At end of 2024/25, deposits were 243.2 billion birr. 

• Total assets stood at 286.2 billion birr as of June 30, 2025. 

• Net profit was 7.3 billion birr in FY 2024/25. 

• Customers numbered over 11.6 million as of 2025. 

Why it matters: