The Ethiopian Securities Exchange has admitted Abay Bank S.C. as its fifth financial institution. A bell ringing ceremony is scheduled for June 25, 2026.
The Ethiopian Securities Exchange admitted Abay Bank S.C. after it completed all required criteria and legal processes. Prior registered institutions include Ethio Telecom, Wegagen Bank, Geda Bank and Awash Bank.
Trading volume reached a record 1.025 billion birr in the week of June 15 to 19, 2026, with 350,111 shares exchanged in 279 transactions. CEO Tilahun Esmael Kassahun said the volume marks significant progress for the market.
Awash Bank shares dominated the weekly activity and closed at 2,998.3 birr after a 37 percent gain. The CEO expects between 50 and 60 companies to list within one to two years.