New bank called Akufada Bank is in the process of formation

According to a press report held on Oct 17, 2020 in Yod Abyssinia, a new bank called Akufada Bank s.c is under formation. According to the press report, the new bank under formation has

• Prepared 2 million (2,000,000) shares each one worth 1,000 birr
• A single person or business can by shares starting from 5 (5,000 birr) – 100,000 (100,000,000 birr)
• Share sales will be concluded on Jan 08, 2020 (ታህሳስ 30 ፤ 2013)

The current address of the bank is in 4 killo, Kidist Silassie University, 5th Floor.

Phone numbers: 0985 85 85 00 | 0911 81 8970 | 0913 75 7154