Addis Ababa, Ethiopia –July 28,2026. Every company that is listed on the Securities Exchange sends a signal about the future it believes in. Today, Bank of Abyssinia (BoA) has made that statement by officially joining the Ethiopian Securities Exchange (ESX), becoming one of the country’s pioneering listed companies and reinforcing the growing role of Ethiopia’s capital market in financing long-term economic growth.
The listing was marked by a ceremonial Bell Ringing at the Ethiopian Securities Exchange, attended by representatives of the Government of Ethiopia, the Ethiopian Capital Market Authority (ECMA), the National Bank of Ethiopia, Bank of Abyssinia’s Board and Executive Management, market participants, investors, and development partners.
For more than two decades, Bank of Abyssinia has grown alongside Ethiopia’s economy. By becoming a publicly listed company, the Bank enters a new chapter, one defined by enhanced transparency, stronger corporate governance, greater accountability to shareholders, and broader engagement with the investing public. The listing also provides investors with another opportunity to participate in the long-term growth of one of Ethiopia’s leading financial institutions.
Speaking at the ceremony, Tilahun Esmael Kassahun (PhD), Chief Executive Officer of the Ethiopian Securities Exchange, said:
“Every new listing strengthens the foundation of Ethiopia’s capital market. Bank of Abyssinia’s decision to list reflects confidence in the country’s market institutions and demonstrates how established Ethiopian companies are embracing higher standards of governance, transparency, and investor engagement. We are proud to welcome Bank of Abyssinia to the Exchange and look forward to supporting its journey as a listed company.”
The listing further broadens the range of investment opportunities available through the Exchange while contributing to a deeper, more diverse, and more liquid securities market. As additional companies enter the market, Ethiopia’s capital market continues to evolve into an increasingly important platform for mobilizing long-term capital, supporting private sector growth, and creating new investment opportunities for Ethiopian investors.
Bank of Abyssinia’s listing follows the successful completion of the regulatory and listing process in accordance with the requirements of the Ethiopian Securities Exchange and the Ethiopian Capital Market Authority. The company joins a growing number of issuers choosing the Exchange as the platform for long-term value creation and shareholder participation.
Listing Summary
- Issuer: Bank of Abyssinia S.C.
- Ticker Symbol: BOAX
- Market Segment: ESX Main Market