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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ESX has officially started an online training hub called ESX Digital Academy which specialized on finance and capital market.
You can enrol via the link below.
https://esxacademy.com/
#ESX
@PatternFin
You can enrol via the link below.
https://esxacademy.com/
#ESX
@PatternFin
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
FAQs About ESX:
🔥🔥🔥🔥🔥🔥
Everything You Need to Know Before the Launch! Here's a Quick Guide!
What Can You Trade on ESX?
1. Equity securities (shares)
2. Fixed income securities (bonds, treasury bills, etc.)
3. Money market instruments (repos, interbank instruments)
4. ETFs & REITs
Which companies' securities can be traded on ESX?
- Public companies (listed/unlisted) can trade after registering their securities with ECMA and meeting compliance requirements.
- Main or Growth Market listing requires adherence to ESX Rulebook (Volume C).
Who Can Trade?
Only Trading Members of ESX (brokers, dealers, market makers, dealing member banks) licensed or authorized by the Ethiopian Capital Market Authority.
How to Invest?
1️⃣ Open a trading account with a licensed securities broker.
2️⃣ Deposit funds in your account opened by the broker.
3️⃣ Place buy/sell orders through your broker.
📌 Investors cannot directly trade but can access the platform via their brokers.
#Broker
#Stockmarket
#ESX
@PatternFin
🔥🔥🔥🔥🔥🔥
Everything You Need to Know Before the Launch! Here's a Quick Guide!
What Can You Trade on ESX?
1. Equity securities (shares)
2. Fixed income securities (bonds, treasury bills, etc.)
3. Money market instruments (repos, interbank instruments)
4. ETFs & REITs
Which companies' securities can be traded on ESX?
- Public companies (listed/unlisted) can trade after registering their securities with ECMA and meeting compliance requirements.
- Main or Growth Market listing requires adherence to ESX Rulebook (Volume C).
Who Can Trade?
Only Trading Members of ESX (brokers, dealers, market makers, dealing member banks) licensed or authorized by the Ethiopian Capital Market Authority.
How to Invest?
1️⃣ Open a trading account with a licensed securities broker.
2️⃣ Deposit funds in your account opened by the broker.
3️⃣ Place buy/sell orders through your broker.
📌 Investors cannot directly trade but can access the platform via their brokers.
#Broker
#Stockmarket
#ESX
@PatternFin
Wegagen Bank has made history by becoming the first company to list its shares on the Ethiopian Stock Exchange (ESX). The announcement was made during the official launch ceremony of the stock exchange, held at the Science Museum in Addis Ababa in the presence of Prime Minister Abiy Ahmed (PhD) and other high-ranking government officials.
#WegagenBank
#ESX
@PatternFin
#WegagenBank
#ESX
@PatternFin
Pattern Finance and Investment - ፋይናንስ
𝗭𝗲𝗺𝗲𝗱𝗲𝗻𝗲𝗵 𝗡𝗶𝗴𝗮𝘁𝘂 𝗟𝗲𝗮𝗱𝘀 𝗖𝗕𝗘 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗶𝗻𝘁𝗼 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮’𝘀 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗕𝗮𝗻𝗸𝗶𝗻𝗴 𝗙𝘂𝘁𝘂𝗿𝗲
𝗭𝗲𝗺𝗲𝗱𝗲𝗻𝗲𝗵 𝗡𝗶𝗴𝗮𝘁𝘂 𝗟𝗲𝗮𝗱𝘀 𝗖𝗕𝗘 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗶𝗻𝘁𝗼 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮’𝘀 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗕𝗮𝗻𝗸𝗶𝗻𝗴 𝗙𝘂𝘁𝘂𝗿
Zemedeneh Negatu , a seasoned Ethiopian-American financier, has been appointed as the founding Chief Executive Officer (CEO) of CBE Capital S.C.
This development marks a significant milestone in Ethiopia's financial sector, introducing investment banking services to a market that has been traditionally limited to advisory roles. The establishment of CBE Capital S.C., a subsidiary of the Commercial Bank of Ethiopia (CBE), aligns with the nation's broader economic liberalization efforts aimed at diversifying and strengthening the capital market.
Zemedeneh brings a wealth of experience to his new role. He currently serves as the Global Chairman of Fairfax Africa Fund, LLC, based in Washington, D.C., and has held significant positions at Ernst & Young (EY) and PricewaterhouseCoopers (PwC). His extensive background in international finance is expected to play a pivotal role in shaping Ethiopia's emerging investment banking landscape.
The issuance of investment banking licenses to CBE Capital S.C. and Wegagen Capital Investment Bank S.C. is part of ECMA's strategic initiative to create a more diversified and robust capital market in Ethiopia. This move is anticipated to attract both local and international investors, fostering economic growth and development within the region.
In his statement, Zemedeneh emphasized the historic nature of this development, highlighting its potential to revolutionize Ethiopia's financial services sector and position the country as a key player in East Africa's economic landscape.
#CBECapital #InvestmentBank #ESX
@PatternFin
Zemedeneh Negatu , a seasoned Ethiopian-American financier, has been appointed as the founding Chief Executive Officer (CEO) of CBE Capital S.C.
This development marks a significant milestone in Ethiopia's financial sector, introducing investment banking services to a market that has been traditionally limited to advisory roles. The establishment of CBE Capital S.C., a subsidiary of the Commercial Bank of Ethiopia (CBE), aligns with the nation's broader economic liberalization efforts aimed at diversifying and strengthening the capital market.
Zemedeneh brings a wealth of experience to his new role. He currently serves as the Global Chairman of Fairfax Africa Fund, LLC, based in Washington, D.C., and has held significant positions at Ernst & Young (EY) and PricewaterhouseCoopers (PwC). His extensive background in international finance is expected to play a pivotal role in shaping Ethiopia's emerging investment banking landscape.
The issuance of investment banking licenses to CBE Capital S.C. and Wegagen Capital Investment Bank S.C. is part of ECMA's strategic initiative to create a more diversified and robust capital market in Ethiopia. This move is anticipated to attract both local and international investors, fostering economic growth and development within the region.
In his statement, Zemedeneh emphasized the historic nature of this development, highlighting its potential to revolutionize Ethiopia's financial services sector and position the country as a key player in East Africa's economic landscape.
#CBECapital #InvestmentBank #ESX
@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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Wegagen Bank Prospectus for Registration of Shares.pdf
1.3 MB
Check out the prospectus of Wegagen Bank, the first listed company with the Ethiopian Securities Exchange (ESX).
#WegagenBank
#ESX
@PatternFin
#WegagenBank
#ESX
@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
Wegagen Capital Investment Bank executes Ethiopia's First-Ever Inter-Broker Treasury Bill and Securities trade on ESX.
#WegagenCapital #ESX
@PatternFin
#WegagenCapital #ESX
@PatternFin
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