Ecobank Wins 4 Investment Banking Accolades & Best Bank in Cote d'Ivoire in EMEA Finance's 2011 African Banking Awards

12 December 2011
Content from a Premium Partner
Ecobank (Lome)
press release

These awards, now in their fourth year, recognize the achievements of the continent's retail and investment banking groups, with 38 countries being represented this year. Recognizing Ecobank Côte d'Ivoire's crucial contribution to restoring the country's economy after the 2010 conflict, the latter also won the best bank category.

These awards reflect Ecobank's leading role in a number of landmark transactions in Francophone Africa in 2011. During the course of the year, Ecobank has raised nearly USD 800 million on behalf of its clients, delivering innovative solutions for African governments, corporates and investors in the oil and gas, utilities and infrastructure sectors. Of particular note were Ecobank's role as a lead arranger for Chad's first local currency bond and the structure debt financing of Gabon's Special Economic Zone.

Ehouman Kassi, Head of Investment Banking, Ecobank Group, commented:

"By restoring investor confidence in post-crisis sovereign African states, such as Cote d'Ivoire and Chad, Ecobank plays a pioneering role in Africa's overall economic development.

"This undoubtedly is a major achievement for a new market entrant and I wish to thank our valued customers and my team for their hard work, enthusiasm and diligence in bringing these deals to fruition. It also illustrates the tremendous opportunities generated by Ecobank's unique franchise."

Notes to Editors

About Ecobank Group

Incorporated in Lomé, Togo, Ecobank Transnational Incorporated (ETI) is the parent company of the Ecobank Group, which is present in more countries in Africa than any other bank in the world. Ecobank currently operates in 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, Tanzania, Togo, Uganda, Zambia and Zimbabwe. The Group also has an affiliate in Paris and representative offices in Dubai, Johannesburg, London and Luanda. ETI is listed on the stock exchanges in Lagos, Accra and the West African Economic and Monetary Union (UEMOA) – the BRVM. The Group has over 24,200 employees from 35 different countries in over 1,100 branches. Ecobank is a full-service bank providing wholesale, retail, investment and transactional banking services to governments, financial institutions, multinationals, local companies, SMEs and individuals. For more information, please visit: http://www.ecobank.com.

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