Abay Bank has about 4,000 shareholders all over the country, and the composition of the shareholders are the public mainly farmers, cooperatives, unions and businessmen. The subscribed and paid-up capital of the Bank reached Birr 1 Billion as of June 30, 2017.
To enhance its competitiveness and strength, the Bank is currently waiting for the approval of National Bank of Ethiopia to raise its capital over ETB 1 Billion.
It is based on the directive of the National Bank of Ethiopia.
The Bank follows full payment method for the subscription of shares. By this, the subscribers will make a full payment of the share along with the premium at once at the time of signing the application.
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