Ramis Bank Registers Shares with Capital Market Authority

Ramis Bank has officially registered over 2.1 million shares with the Ethiopian Capital Market Authority (ECMA). The bank has also secured in-principle approval to list on the Ethiopian Securities Exchange (ESX). This achievement marks a significant milestone, making it one of the first interest-free banking institutions to receive such authorization in Ethiopia's capital market history. Bank CEO Mr. Ali stated that this approval confirms the bank's financial strength and reliability. Furthermore, Board Chairman Mr. Rabi Sheik Hussein emphasized the bank's commitment to becoming a leading hub for interest-free banking in East Africa.