In a major leap forward for East Africa’s most anticipated financial infrastructure, Abay Bank S.C. officially joined the Ethiopian Securities Exchange (ESX) Main Market under the ticker ABAYB.
The listing marks a critical turning point for the bank and the broader economy, coming six weeks after Abay Bank successfully registered 9,657,286 existing ordinary shares with the Ethiopian Capital Market Authority (ECMA). On its first day of trading, market data from the Neway mobile trading application revealed that Abay Bank shares were changing hands at approximately ETB 1,800 per share.
Navigating the Regulatory Gateway
The regulatory path leading to the ringing of the trading bell was forged under ECMA’s strict legal frameworks. The initial milestone occurred on May 11, 2026, when the Authority formally approved the bank’s Registration Statement.
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