ETI Announces Leadership Change in Largest Subsidiary

Nigeria News 24
Ecobank Transnational Incorporated (ETI) today announced a leadership change in its largest subsidiary, Ecobank Nigeria Limited. By the Bank's internal policy, Mr. Jibril Aku, the current Managing Director of the subsidiary, having concluded his five-year tenure as managing director, will step down from his current role at the end of this year. Mr Aku will take on another senior role in the firm in the first quarter of 2016.

Ecobank Donates Le 225,000,000 to Government of Sierra Leone in Fight against Ebola

Ecobank has donated Le225,000,000 (USD50,000) to the Government of Sierra Leone to assist it in combatting the deadly Ebola virus which has ravaged Sierra Leone and several other West African countries. Ecobank Sierra Leone Managing Director Clement Dodoo made the donation to President Ernest Bai Koroma in his office at State House in Freetown.

Ecobank Acquires Banco ProCredit and Commences Trading in Mozambique

Ecobank Transnational Incorporated (‘Ecobank’ or ‘the Group’) and ProCredit Holding (‘PCH’) announce that they have concluded negotiations for the acquisition of the 96% stake in Banco ProCredit Mozambique (“the Bank”) previously held by ProCredit Holding and the DOEN Foundation.

Ecobank Wins African Banker's 2013 Innovation Award

Ecobank Transnational Incorporated has won the Award for Innovation in Banking in this year’s African Banker’s awards. The annual awards recognize outstanding talent and achievement in Africa’s financial sector. more»

Ecobank: 25 years of pan-African banking service.

Ecobank Transnational Incorporated Announces New Group CEO

Ecobank Transnational Inc. (ETI) has announced the election of Mr. Albert Essien as acting CEO with immediate effect. Mr. Essien, who has spent 20 years at the bank, is currently Deputy CEO/ Group Executive Director for Corporate and Investment Bank. More>>>

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»

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»

Ecobank Arranges Finances for Roads in Ivory Coast

The consortium of Ecobank Capital and Africa Link Capital arranges FCFA 130 billion (260 million U.S. dollars) financing for the Road Maintenance Program of the Road Maintenance Fund (Fonds d’Entretien Routier ‘FER’) of Côte d’Ivoire. More>>>

Ecobank Signs Portfolio Guarantee Agreement to Support SME Businesses with the African Guarantee Fund (AGF)

Today saw the official signing ceremony for a co-operation agreement between Ecobank Transnational Incorporated ("Ecobank"), the leading pan-African banking group, and the African Guarantee Fund ("AGF") to promote and support small business across Sub-Saharan Africa. More>>>

Ecobank Group Reports Record Results in 2012

Ecobank Headquarters in Togo: In March, Ecobank, the leading pan-African banking group, announced its results for the year ended December 31, 2012. They represent Ecobank's strongest financial performance in its 25-year of operation. Read more»

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»