Addis Ababa, Ethiopia- September 28, 2026. Sidama Bank S.C. today officially joined the Ethiopian Securities Exchange (ESX), becoming one of the latest institutions to list on the Exchange’s Main Market another milestone in the continued development of Ethiopia’s securities market.
The listing was marked by a Bell Ringing Ceremony held at the ESX Trading Floor, bringing together representatives of the Ethiopian Capital Market Authority (ECMA), the National Bank of Ethiopia, Sidama Bank’s Board and Executive Management, market participants, investors, development partners, and other stakeholders.
The listing marks an important milestone in Sidama Bank’s institutional journey. As a publicly listed company, the Bank enters a new chapter defined by enhanced transparency, stronger corporate governance, greater accountability to shareholders, and broader engagement with the investing public. It also gives investors the opportunity to participate in the Bank’s long-term growth through an organized and regulated securities market.
Speaking at the event, Yodit Kassa Waka, Chief Executive Officer of the Ethiopian Securities Exchange, welcomed Sidama Bank to the Exchange and spoke to the broader significance of continued issuer participation in the development of Ethiopia’s capital market:
“Sidama Bank’s journey from its roots in microfinance to becoming a commercial bank, and now joining the Ethiopian Securities Exchange, is a remarkable story of institutional evolution and growth. Its decision to list on the Exchange represents not only an important milestone for the Bank and its shareholders, but also a meaningful expression of growing confidence in Ethiopia’s securities market. We welcome Sidama Bank to the Exchange and commend its commitment to transparency, accountability, and long-term value creation. This listing not only broadens the investment opportunities available to the Ethiopian public but also demonstrates how institutions can leverage the Exchange to fuel their next phase of growth and innovation.”
Sidama Bank’s listing further broadens the range of investment opportunities available through the Exchange and contributes to a deeper, more diverse securities market. As more companies list, Ethiopia’s capital market continues to develop as a platform for mobilizing long-term capital, supporting private sector growth, and creating opportunities for investors.
The listing follows Sidama Bank’s successful completion of the applicable regulatory and listing requirements set by the Ethiopian Capital Market Authority and the Ethiopian Securities Exchange. The Bank joins a growing community of issuers participating in Ethiopia’s organized securities market and contributing to a transparent and efficient capital market.
The Ethiopian Securities Exchange congratulates Sidama Bank S.C., its shareholders, Board, management, and all stakeholders on this milestone, and looks forward to supporting the Bank’s continued participation in Ethiopia’s capital market.
Listing Summary
- Issuer: Sidama Bank S.C.
- Ticker Symbol: SIDAX
- Market Segment: ESX Main Market