Ethiopia Exchange Advances Six Banks Toward Listings
•
Feb 17, 2026
•
Harry Njuguna
•
The Kenyan Wall Street
The Kenyan Wall Street
Ethiopia’s stock exchange says six banks have secured approval in principle to list on the ESX Main Market, marking a key step in building market depth.
Key Takeaways
- The Ethiopia Securities Exchange (ESX) has granted 'approval in principle' to six major banks for Main Market listings, marking a significant step in the development of Ethiopia's nascent stock market.
- Awash Bank, Dashen Bank, Bank of Abyssinia, Abay Bank, Anbesa Bank, and Amhara Bank are the institutions moving toward full listing, having met initial eligibility requirements.
- Dashen Bank and Bank of Abyssinia are the most advanced, having completed securities registration and published prospectuses, positioning them closest to trading.
- The successful listing of these systemically important commercial banks will serve as a critical test of investor appetite, market infrastructure, and regulatory execution for Ethiopia's capital formation efforts.
Read full article
markets-stocks