
Company: Awash Bank
Average Rate of Return (4 Years Data): 51.8% of par value.
Dividend History:
2017: 388 ETB
2018: 543 ETB
2019: 632 ETB
2020: 510 ETB
Shares offered for sale:
Number of share for sale: 3,000 Shares
Price per share: 2,300 ETB
Total price of 3,000 shares: 6,900,000 ETB
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About the Company:
Awash International Bank is a full-service bank in Ethiopia. According to its website, the bank has 187 branches and more than one million customers. Its deposits in 2013/14 exceeded 16 billion birr. Awash International Bank is one of the biggest and the first private commercial bank in Ethiopia banking history. Its headquarters are located at the new building opened in 2010 at the central financial hub of Addis Ababa.
The bank is named after the Awash River which is the most utilized and the only river that remains within the territorial boundary of Ethiopia.