Proposed Amendments to the Memorandum of Association of Awash Bank S.C.
Awash BankAmharic table of the Board's proposed amendments to Awash Bank's Memorandum of Association, setting out each existing article, the proposed replacement wording and the reason for the change. The proposals cover the head office, branches and subsidiaries article; the addition of payment system operator and capital market participation to the Bank's objects; the restatement of subscribed and paid-up capital (previously Birr 11,989,236,000 subscribed and Birr 10,389,606,000 paid up); provision for the share issue price to be set by the Board where determined by the market or by a competent authority; new Board powers over investments, write-offs, subsidiaries and holding companies, and registration with the Capital Market Authority and the securities exchange; and a new Article 45 making subsequent laws and directives applicable without further amendment. Dated from the publisher's own upload date on awashbank.com (21 April 2026); the document itself is undated.
- Institution
- Awash Bank
- Type
- regulatory-filing
- Fiscal year
- 2018EC
- Published
- Language
- አማርኛ
- Pages
- 4
- File size
- 84 KB
- Source checked