Emergent Global helps Berhan International Bank S.Co.
take its share
offering to the United
May 12, 2008. Press Release
As a new bank in the early stages of formation, Berhan International Bank S.Co. is
aspiring to bring new standards of integrity and reliability to the surging
banking sector in Ethiopia. With a strong group of founding members and
proven expertise in the Ethiopian finance industry at its helm, it is poised to
capitalize on the still significant unmet need for banking services that
exhibit superlative levels of integrity, reliability and transparency to both
its customers and shareholders.
Bank has been registered with the National Bank of Ethiopia with an authorized capital
of 300 million ETB of which 75 million ETB is planned to be raised before the
launch of the bank. The initial share
offering through which this capital will be raised is already in progress and
is expected to be closed in July, 2008 or when the capital target is
Emergent Global Services
– a US based trade and investment facilitation agency – is bringing to bear an
extensive set of capabilities to publicize and promote Berhan International Bank’s share offering to Ethiopian nationals
residing in the US that may have an interest in investing in Ethiopia’s banking
sector which has generally shown strong returns across the board over the
recent past. With significant presence
and office facilities in both Addis Ababa, Ethiopia as well as the metro
Washington D.C area it has an unmatched capability to access and penetrate the
Ethiopian Community in the US through a publication (The Addis Connexion)
distribution network that enjoys strong coverage in the Washington DC area in
addition to Atlanta, Boston and Dallas with additional cities (Los Angeles, San
Francisco and New York) slated to be added shortly. Furthermore, it also has a strong electronic
media presence with multiple websites (EmergentGlobal.net
and AddisConnexion.com) along
with robust but carefully targeted, email and mass marketing capabilities.
Prospective shareholders in the United
States may contact Emergent
offices at (703) 435-9455 or send an email to
more information and/or receive a full prospectus on Berhan International Bank’s current share offering. This offering is anticipated to stay open
through July 2008 or until the initial capital target of 75 million ETB is
International Bank S.Co.
Berhan International Bank S.Co. is a share company currently
under formation and has been registered with the National Bank of Ethiopia
to establish a bank with an authorized capital of 300 million ETB. It’s founding members include prominent
business leaders in Ethiopia
and nominated officers of the bank bring proven expertise in Ethiopia’s financial sector. BIB
intends to enter this market to bring a new level of trust, integrity and
transparency to the industry on behalf of
both its customers and shareholders.
About Emergent Global
Emergent Global is an agency headquartered in the
Greater Washington D.C. area with offices in Addis Ababa,
Ethiopia, primarily engaged
in facilitating a range of private sector development activities such as
exports from Ethiopia
or foreign based investment in Ethiopian businesses. Its mission is to be
the most comprehensive private sector source of information and value added
services that enable, promote and advance international business and investment
activities between Ethiopia
and the United States. It’s bi-continental presence, ability
to combine multiple capabilities (including logistics and direct media
access via a globally distributed bi-monthly publication, The Addis
Connexion) and commitment to exceptionally effective service, set it
apart as an innovative and forward looking company committed to helping Ethiopia achieve progressively greater market
linkages with the biggest economy in the world, the United States. For more information please visit www.EmergentGlobal.NET.
Emergent Global Ethiopia Moves to Expanded Offices.
March 1, 2008. Press Release
Emergent Global's Ethiopia recently moved to its new and expanded offices inside the TK Building in Bole, Addis Ababa. To accomodate its growing staff and desire to move into a location with higher visibility, Emergent's new office is located on the ground floor of the TK Building next to the newly opened BMI (British Midlands International) Country Office and Abyssinia Bank.
To advance your business objectives in the areas of global trade from Ethiopia or investment within it, Emergent's renewed commitment to a strong bi-continental presence differentiates it from any other competitor. Easy accessibility, real time communications, on the ground expertise and a wide, international distribution network via its bi-monthly publication The Addis Connexion, are just some of the unique strengths Emergent Global can bring to bear on behalf of its clients engaged in global trade with and investment in Ethiopia.
Emergent's Ethiopia Office now open in Addis Ababa
Traditionally, one of the most challenging impediments to conducting
business with Ethiopia from abroad has been the need to have critical
local expertise on the ground towards the furtherance of business
objectives. Communications has also been somewhat problematic in the
past due to a variety of reasons including the time lag caused by
sometimes sizable time zone differences. With the opening of our
Emergent Global Ethiopia, we are now able to provide the capabilities
that allow you to quickly and confidently engage in a variety of
business activities in Ethiopia.
We are committed to removing many of the deterrents that have
traditionally kept investors, traders and the like from engaging in the
enormous opportunities that are present in Ethiopia. Contact us today to find out how we can help you engage.
- Near real time communications whether you are in the US, Ethiopia or all points in between
on the ground that have the local expertise of business regulations and
all other matters related to doing business in Ethiopia
- Legally binding agreements based out of our US or Ethiopia offices