- March 31, 2017
- Posted by:
- Category: News
The Bank received a highest bid of 4000 Br
Berhan Bank has presented a solid showing during the latest S.C round of share auctions held by private banks, with a highest offer of 4,100 Br per share for a lot of two shares. The Bank carried out its auction of shares returned by foreign nationals of Ethiopian origin on March 6, 2017.
A total of 22,355 shares were presented for public subscription worth around 22 million Br at their par value, which is the highest amount of shares auctioned so far. The lowest bid given during the auction was for the par value of 1000 Br.