Finance and banking
Azezom
Investment Group Holding (AIGHC) is a major shareholder in several financial
institutions in Ethiopia, including:
·
Lion International Bank S.C. (LIB): AIGHC is a major shareholder
in LIB, which is one of the largest banks in Ethiopia.
·
Lion Insurance S.C. (LIS): AIGHC is a major shareholder in Lion Insurance,
which is one of the leading insurance companies in Ethiopia.
·
Wegagen Bank S.C. (WBS): AIGHC is a major shareholder in WB, which
is a commercial bank in Ethiopia.
·
ABC Bank S.C. (ABC): AIGHC is a major shareholder in ABC, which is
a microfinance bank in Ethiopia.
AIGHC's investment in these financial institutions is part of its
strategy to expand its presence in the Ethiopian financial sector. The company
believes that these institutions have the potential to grow significantly in
the coming years and that they will be a good source of returns for AIGHC's
shareholders.
AIGHC's investments in the Ethiopian financial sector are a major
part of its strategy to grow its business and contribute to the development of
the Ethiopian economy. The company is committed to investing in Ethiopia and
believes that the country has the potential to become a major economic power in
Africa.