Ecobank Launches Pan-African Investment Banking Arm: Ecobank Capital

4 October 2010
Content from a Premium Partner
Ecobank (Lome)
press release

Ecobank, the leading Pan-African banking group, officially launched in September 2010, its new capital markets and investment banking arm, Ecobank Capital, at a prestigious African investment conference in New York.

Addressing representatives of the financial media and the investment community at the launch, Ecobank Group CEO, Arnold Ekpe, said: “The launch of Ecobank Capital illustrates our commitment to providing our international customer base with the sophisticated, integrated financing solutions demanded by today’s fast-moving markets.”

“Our rapid expansion across Middle Africa has necessitated the restructuring of our trade, project and equity finance and syndicated lending businesses with a view to enhancing the delivery of our customer services across the Continent,” he added.

Offong Ambah, CEO of Ecobank Capital, commented: “By harnessing all of Ecobank’s considerable in-house knowledge and expertise in pan-African foreign exchange, equities, debt and commodities, we can provide our corporate, governmental and institutional clients with an integrated service from a uniquely local perspective.”

With a dedicated team of in excess of 100 professionals located in key financial centers across Africa and internationally, Ecobank Capital provides the full range of financing solutions expected from an integrated investment bank, including trading in all of Middle Africa’s 16 exotic currencies, deal origination and execution, buy-side advisory services and market research to capitalize on pan-African investment opportunities.

About Ecobank Group

Incorporated in Lome, Togo, Ecobank Transnational Incorporated (ETI) is the parent company of the leading independent regional banking group in Africa. It currently has a presence in 30 African countries, namely: Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Congo (Brazzaville), Congo (Democratic Republic), Côte d’Ivoire, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Liberia, Malawi, Mali, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, South Africa, Tanzania, Togo, Uganda and Zambia. The group also has representative offices in Beijing, Johannesburg, Dubai and Paris. ETI is listed on the stock exchanges in Lagos, Accra and the West African Economic and Monetary Union (UEMOA) – the BRVM. The Group is owned by more than 180,000 private and institutional shareholders in Africa and beyond. It has over 11,000 employees from 29 different countries in over 700 branches. Ecobank is a full-service bank providing wholesale, retail, investment and transactional banking services and products to governments, financial institutions, multinationals, international organizations, medium, small and micro businesses and individuals.

For more information please send an email to contact@ecobank.com

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