allAfrica.com:

Ecobank Provides Trade Group with US$ 77.5 Million Trade Finance Facility

The Ecobank Group has announced an agreement to provide a US$77.5 million equivalent multi-currency master trade finance facility to the East African commodity trader, Export Trading Group to finance its soft commodity trading activities in 9 African countries. more»

The Future is Pan-African

Ecobank's new campaign demonstrates how the bank's reach across Africa and its knowledge of the continent's people are creating a better future for Africa. more video»

Ecobank

The Rhythm of Africa

Ecobank has more branches across Africa than any other bank in the world, they are a bank in tune with everyday life in Africa. more video»

Old Mutual Completes Acquisition of Oceanic Life

Old Mutual and the Ecobank Group, the leading pan-African banking group with a presence in 33 African countries, has announced that Old Mutual has completed the acquisition of a majority stake in Oceanic Life. more»

Ecobank opens Beijing Representative Office

Ecobank's Beijing office, located in the heart of the central business district, is the latest addition to the groups distribution platform. more»

Ecobank: U.S.$202 Million for Mobile Phone Tower Investments

Ecobank Capital has raised a U.S.$202 million syndicated credit facility on behalf of Africa's largest independent mobile infrastructure provider, finance mobile network tower investments in West Africa. more»

Ecobank Accounces 2013 Growth Targets

At its inaugural Capital Markets Day, Ecobank outline its growth targets for 2013 and the operational steps that are being taken to deliver them.more»

Ecobank Links

Ecobank

The dual objective of Ecobank Transnational Incorporated (ETI) is to build a world-class pan-African bank and to contribute to the economic and financial integration and development of the African continent.

History

ETI, a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of ECOWAS. In the early 1980’s the banking industry in West Africa was dominated by foreign and state-owned banks. There were hardly any commercial banks in West Africa owned and managed by the African private sector. ETI was founded with the objective of filling this vacuum. The Federation of West African Chambers of Commerce promoted and initiated a project for the creation of a private regional banking institution in West Africa. In 1984, Ecopromotions S.A. was incorporated. Its founding shareholders raised the seed capital for the feasibility studies and the promotional activities leading to the creation of ETI. In October 1985, ETI was incorporated with an authorised capital of US$100 million. The initial paid up capital of US$32 million was raised from over 1,500 individuals and institutions from West African countries. The largest shareholder was the ECOWAS Fund for Cooperation, Compensation and Development (ECOWAS Fund), the development finance arm of ECOWAS. A Headquarters’ Agreement was signed with the government of Togo in 1985 which granted ETI the status of an international organization with the rights and privileges necessary for it to operate as a regional institution, including the status of a non-resident financial institution. ETI commenced operations with its first subsidiary in Togo in March 1988.

Business Segments

The Ecobank Group is a full-service bank focused on Middle Africa. It provides wholesale, retail, investment and transactional banking services to governments, financial institutions, multinationals, local companies, SMEs and individuals.Ecobank’s services are delivered by three customer-focused business segments, Corporate Bank, Domestic Bank and Ecobank Capital all of which are supported by an Integrated IT platform operated by eProcess, the group’s technology subsidiary. Corporate Bank provides financial solutions to global and regional corporates, public corporates, financial institutions and international organizations. Products focus on pan-African lending, trade services, cash management, internet banking and value chain finance. Domestic Bank provides convenient, accessible and reliable financial products and services to retail, local corporate, public sector and microfinance customers, leverages an extensive branch and ATM network as well as mobile, internet and remittances banking platforms. Ecobank Capital provides treasury, corporate finance and investment banking, securities and asset management solutions to corporate and governmental customers. Ecobank also operates within Ecobank Capital a Research team based on the ground in key markets, provides unique information support capabilities.

Sustainability

Sustainability is at the core of our mission and vision of building a world-class pan-African bank that contributes to the integration and socio-economic development of the continent. We take the view that the long-term success of Ecobank is intertwined with the sustainable development of the economies, societies and environment that we operate in.In 2011, the Group adopted an integrated and comprehensive approach to sustainability and created a common framework. The framework depicts sustainability such that our business operational model ensures effective, efficient and sustainable utilization of economic, social, human and natural capital. This framework reflects our commitment to drive economic transformation in Africa while protecting our environment by being a socially responsible financial institution with a world class professional. Each strand forms the building block for our integrated sustainability.

AllAfrica

Free Headlines:

Ecobank Provides Trade Group with US$ 77.5 Million Trade Finance Facility

The Future is Pan-African

Ecobank

The Rhythm of Africa

Old Mutual Completes Acquisition of Oceanic Life

Ecobank opens Beijing Representative Office

Ecobank: U.S.$202 Million for Mobile Phone Tower Investments

Ecobank Accounces 2013 Growth Targets

Ecobank Links

Ecobank

History

Business Segments

Sustainability

AllAfrica

Free Headlines:

Ecobank Provides Trade Group with US$ 77.5 Million Trade Finance Facility

The Future is Pan-African

Ecobank

The Rhythm of Africa

Old Mutual Completes Acquisition of Oceanic Life

Ecobank opens Beijing Representative Office

Ecobank: U.S.$202 Million for Mobile Phone Tower Investments

Ecobank Accounces 2013 Growth Targets

Ecobank Links

SponsorWire

Ecobank

Ecobank

History

Business Segments

Sustainability