Addis Ababa, July 2025 – Gadda Bank has officially begun the process of floating its shares on the Ethiopian Securities Exchange (ESX), becoming one of the pioneering banks to enter the country’s emerging capital market. This strategic move marks a significant step in Ethiopia’s financial sector development and reflects the bank’s commitment to transparency, growth, and broadening its investor base.

The share floatation will allow Gadda Bank to raise fresh capital from both institutional and retail investors, enabling it to expand its operations, enhance service delivery, and support the government’s broader agenda of financial sector liberalization and economic growth.

Gadda Bank’s decision to go public is expected to boost investor confidence in the nascent securities market and encourage other financial institutions and enterprises to explore capital market financing as a viable option.

Officials from Gadda Bank emphasized that the listing aligns with their vision of strengthening corporate governance, increasing operational efficiency, and fostering long-term sustainable growth.

The Ethiopian Capital Market Authority (ECMA) has welcomed Gadda Bank’s initiative, highlighting it as a key development in expanding market liquidity and deepening the country’s capital markets ecosystem.
With the Ethiopian Securities Exchange now operational, the listing of major players like Gadda Bank signals growing maturity in the country’s financial markets and offers new opportunities for Ethiopians to participate in wealth creation and economic development.