ECMA Approves Registration of Sidama Bank’s Existing Shares

The Ethiopian Capital Market Authority (ECMA) has approved the registration statement for 1,447,002 existing shares of Sidama Bank S.C., effective July 20, 2026.

Key details of the compliance action include:

• Regulatory Basis: Issued under Articles 4 and 29 of Public Offer and Trading of Securities Directive No. 1030/2024.
• Scope: The approval covers existing shareholder equity and does not involve a public offering of new shares.
• Compliance Objective: Brings Sidama Bank’s existing securities into alignment with Ethiopia’s regulated capital market framework under ECMA oversight.