Statutory disclosure
Registration of existing ordinary shares
The Ethiopian Capital Market Authority has approved the registration of Enat Bank S.C.'s 6,785,310 existing ordinary shares. This is not a new share offer. Your shares remain yours.
At a glance
Key figures
Shares registered
6,785,310 (Source: Prospectus, Section 8.1; ECMA approval letter, as at 18 August 2026)Par value per share
1,000ETB (Source: Prospectus, Section 5.1, as at 18 August 2026)Paid-up capital
5.93ETB bn (Source: Prospectus, Section 5.1, as at 18 August 2026)Shareholders
27,305 (Source: Prospectus, Table 84, as at 18 August 2026)Capital composition
Source: Prospectus, Section 5.1, as at 18 August 2026
What happened
What changed, and what did not
The registration allows shares already held by existing shareholders to be traded over the counter through ECMA-licensed brokers. The shares are not listed on the Ethiopian Securities Exchange.
The Bank is required to dematerialise the securities at the Central Securities Depository. To trade, shareholders need to open a brokerage account.
This is not a share offer
The registration covers shares already held by existing shareholders. The Bank is not selling new shares or raising money through it. Your ownership stake is unchanged.
Financial position
The Bank in figures
Every figure is drawn from Section 7 of the approved prospectus. Each measure is shown on its own panel rather than sharing an axis.
Total assets
ETB billion · financial year
Customer deposits
ETB billion · financial year
Customers
millions · financial year
Profit before tax
ETB million · financial year
Earnings per share
ETB · financial year
Non-performing loan ratio
per cent · financial year
| Measure | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Total assets (ETB bn) | 22.80 | 27.22 | 36.36 |
| Customer deposits (ETB bn) | 17.85 | 21.01 | 28.27 |
| Customers | 443,623 | 886,433 | 1,284,611 |
| Profit before tax (ETB m) | 723.85 | 714.04 | 835.58 |
| Earnings per share (ETB) | 239 | 201 | 221 |
| Non-performing loan ratio (%) | 3.31% | 3.25% | 2.66% |
| Loan-to-deposit ratio (%) | 83.8% | 81.3% | 72.6% |
Source: Prospectus, Section 7, as at 30 June 2025
Capital and ownership
Capital and ownership over time
| Date | Subscribed capital | Ending paid-up capital | Shareholders |
|---|---|---|---|
| 30 June 2023 | 2,997,790 | 2,538,248 | 22,350 |
| 30 June 2024 | 3,256,827 | 3,004,936 | 23,579 |
| 30 June 2025 | 4,128,765 | 3,805,137 | 25,826 |
| 24 November 2025 | 6,785,310 | 5,723,534 | 27,273 |
| 18 August 2026 | 6,785,310 | 5,928,975 | 27,305 |
Source: Prospectus, Table 84, as at 18 August 2026
Network
The Bank's network
Branches
225District offices
5ATMs
26Employees
2,225Shares held by women
More than 60% (Source: Prospectus, Section 5, as at 18 August 2026)
Board members
11 (Source: Prospectus, Section 1.3, as at 18 August 2026)
Ownership concentration
No holder above 5% (Source: Prospectus, Section 6, per Article 109(1) of Directive No. 1030/2024, as at 18 August 2026)
Action
What this means if you hold shares
Shares left in the issuer-side account cannot be sold, transferred or pledged.
Holdings that remain unlinked to a brokerage account may face further restrictions. Your ownership is not affected, and your dividend and voting rights are unchanged.
Source: Prospectus, Section 8.4.5
Documents
Approved prospectus and letter of approval
The approved prospectus and 15 accompanying documents, available without registration or sign-in.
Approved Prospectus
The full prospectus for the registration of 6,785,310 existing ordinary shares, approved by ECMA.
ECMA Letter of Approval
Letter of Approval of Registration Statement, Ref ECMA/1227/2026.
Parties to the registration
Parties to the registration
- Transaction Advisor
- i-Capital Institute PLC
- Legal Advisor
- Asfaw Gebrealif Law Office
- External Auditors
- Tafesse, Shisema and Ayalew Certified Audit Partnership (TMS Plus)
- Commercial registration
- KK/AA/3/0006590/2006 E.C.
- Banking licence
- LBB/019/12
Share administration
Share Administration Division, Finance and Accounts Department
Enat Tower, Jomo Kenyatta Avenue, Kirkos Sub-City Wereda 08, P.O. Box 18401, Addis Ababa