Siinqee Bank
Siinqee Bank's Shareholders have Voted to Establish an Investment Bank Subsidiary.
Siinqee Bank's shareholders have voted to establish an investment bank as part of a broader plan to enter Ethiopia's capital market ecosystem.
The founding president Neway Megerssa announced that Deloitte was selected as an advisor to develop a business plan within three months, following an international bid. Deloitte, licensed by the Ethiopia Capital Market Authority (ECMA), is one of the firms qualified for this role.
Via #Capital Markets in Ethiopia
#InvestmentBank
#Deloitte
#ECMA
@PatternFin
Siinqee Bank's Shareholders have Voted to Establish an Investment Bank Subsidiary.
Siinqee Bank's shareholders have voted to establish an investment bank as part of a broader plan to enter Ethiopia's capital market ecosystem.
The founding president Neway Megerssa announced that Deloitte was selected as an advisor to develop a business plan within three months, following an international bid. Deloitte, licensed by the Ethiopia Capital Market Authority (ECMA), is one of the firms qualified for this role.
Via #Capital Markets in Ethiopia
#InvestmentBank
#Deloitte
#ECMA
@PatternFin
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Our commercial banks are heralding us with their intent to establish investment banks. Do they have competitive advantages for this nascent industry?
Delving beyond the surface of similar industry names, while commercial banks primarily focus on accepting deposits and providing loans, investment banks specialize in services like underwriting, mergers and acquisitions, and advisory for large corporations and institutional investors.
Investment bankers are known worldwide for their extended working hours of numbers-crunching ranging from 80 to more than 100 hours per week. This extremely rigorous activity permits little room for errors in financial modeling and analysis. A slight error could result in catastrophe for the target business and investing public.
Given our commercial banks' practice of heavy reliance on physical collaterals to approve loans rather than through extensive financial analysis, their competencies for investment banking activities need to be verified before earmarking their shareholders' resources for this highly demanding venture.
By #Million_Kibret
#InvestmentBank
#ESX
#ECMA
@PatternFin
Delving beyond the surface of similar industry names, while commercial banks primarily focus on accepting deposits and providing loans, investment banks specialize in services like underwriting, mergers and acquisitions, and advisory for large corporations and institutional investors.
Investment bankers are known worldwide for their extended working hours of numbers-crunching ranging from 80 to more than 100 hours per week. This extremely rigorous activity permits little room for errors in financial modeling and analysis. A slight error could result in catastrophe for the target business and investing public.
Given our commercial banks' practice of heavy reliance on physical collaterals to approve loans rather than through extensive financial analysis, their competencies for investment banking activities need to be verified before earmarking their shareholders' resources for this highly demanding venture.
By #Million_Kibret
#InvestmentBank
#ESX
#ECMA
@PatternFin
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Africa Gets New Stock Market
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Ethiopia is opening a stock exchange after a five-decade gap, in its latest step to lure investors to a nation that’s struggling to control regional strife as it recovers from a civil war.
Ethiopia Investment Holdings, which controls 40 state-run companies, is selling shares in Ethio Telecom to raise as much as 30 billion birr ($234 million) in an initial public offering. The company’s debut, along with the government’s plan to list other firms, will herald the start of the new bourse, according to Tilahun Kassahun, chief executive officer of the Ethiopian Securities Exchange, which opens on Friday.
Africa’s most-populous nation after Nigeria also changed rules so that investments in the capital market are “treated favorably” to allow investors repatriate funds easily, Tilahun said in an interview.
Ethiopia had a stock market for 14 years until 1974, when Emperor Haile Selassie was overthrown by the nation’s military and share trading abolished.
The new institution aims to list as many as 50 companies in the next five years, Tilahun said. Some will join the bourse via a so-called listing by introduction — which does not involve an IPO — though how many is not yet clear.
The drive to attract investors began after Abiy’s government and dissident Tigrayan fighters signed the 2022 pact to end the two-year conflict. Still, Abiy has struggled to contain ethnic tensions in Ethiopia’s Oromia and Amhara regions, where government soldiers and regional militias clash frequently. #Bloomberg
#ESX
#StockMarket
#ECMA
@PatternFin
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Ethiopia is opening a stock exchange after a five-decade gap, in its latest step to lure investors to a nation that’s struggling to control regional strife as it recovers from a civil war.
Ethiopia Investment Holdings, which controls 40 state-run companies, is selling shares in Ethio Telecom to raise as much as 30 billion birr ($234 million) in an initial public offering. The company’s debut, along with the government’s plan to list other firms, will herald the start of the new bourse, according to Tilahun Kassahun, chief executive officer of the Ethiopian Securities Exchange, which opens on Friday.
Africa’s most-populous nation after Nigeria also changed rules so that investments in the capital market are “treated favorably” to allow investors repatriate funds easily, Tilahun said in an interview.
Ethiopia had a stock market for 14 years until 1974, when Emperor Haile Selassie was overthrown by the nation’s military and share trading abolished.
The new institution aims to list as many as 50 companies in the next five years, Tilahun said. Some will join the bourse via a so-called listing by introduction — which does not involve an IPO — though how many is not yet clear.
The drive to attract investors began after Abiy’s government and dissident Tigrayan fighters signed the 2022 pact to end the two-year conflict. Still, Abiy has struggled to contain ethnic tensions in Ethiopia’s Oromia and Amhara regions, where government soldiers and regional militias clash frequently. #Bloomberg
#ESX
#StockMarket
#ECMA
@PatternFin
The National Bank of Ethiopia and the Ethiopian Capital Market Authority (ECMA) signed a MoU.
The MoU outlines a collaborative effort for the issuance and depository of electronic securities, dematerialization of paper-based securities, and provision of a strong foundation for secure and efficient securities clearing and settlement systems.
According to ECMA, the MoU reflects the shared vision of NBE and ECMA to drive economic growth, financial innovation, and a thriving capital market in Ethiopia.
#ECMA #NBE
@PatternFin
The MoU outlines a collaborative effort for the issuance and depository of electronic securities, dematerialization of paper-based securities, and provision of a strong foundation for secure and efficient securities clearing and settlement systems.
According to ECMA, the MoU reflects the shared vision of NBE and ECMA to drive economic growth, financial innovation, and a thriving capital market in Ethiopia.
#ECMA #NBE
@PatternFin
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Directive_on_Dematerialization_of_Publicly_Offered_Securities.pdf
8.6 MB
Directive on Dematerialization of Publicly Offered Securities 1047/2025
📖 #Document_To_Read
#ESX
#ECMA
@PatternFin
📖 #Document_To_Read
#ESX
#ECMA
@PatternFin
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𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮’𝘀 𝗜𝗻𝘁𝗲𝗿𝗯𝗮𝗻𝗸 𝗠𝗼𝗻𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝘂𝗿𝗽𝗮𝘀𝘀𝗲𝘀 𝗘𝗧𝗕 𝟱𝟬𝟬 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻𝘀
The Ethiopian Securities Exchange (ESX) has announced a major milestone in the country’s financial sector with the interbank money market (IMM surpassing ETB 500 billion in transaction volume within just six months.
This achievement highlights the growing momentum and liquidity in Ethiopia's financial markets.
Launched to improve efficiency and transparency in interbank lending, the IMM platform has quickly gained traction among financial institutions, enabling them to manage short-term liquidity needs more effectively.
#ESX #ECMA #InterBankMoneyMarket
#InterBankLending
#EthiopianBanks
@PatternFin
The Ethiopian Securities Exchange (ESX) has announced a major milestone in the country’s financial sector with the interbank money market (IMM surpassing ETB 500 billion in transaction volume within just six months.
This achievement highlights the growing momentum and liquidity in Ethiopia's financial markets.
Launched to improve efficiency and transparency in interbank lending, the IMM platform has quickly gained traction among financial institutions, enabling them to manage short-term liquidity needs more effectively.
#ESX #ECMA #InterBankMoneyMarket
#InterBankLending
#EthiopianBanks
@PatternFin
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Ethiopia's Bond Market.pdf
20.4 MB
The Bond market in the upcoming Ethiopian Capital market is going to be revolutionary and will forever change the way government access finance from the market and here is a snap shot of the Bond Market.
©️Nigat Post
#BondMarket #CapitalMarket #ESX #ECMA
@PatternFin
©️Nigat Post
#BondMarket #CapitalMarket #ESX #ECMA
@PatternFin