Ecobank, the Pan-African Bank, has won the award for 'Best Use of Information Technology in Wholesale/Transaction Banking' at the Banking Technology Awards 2014 in London.
Ecobank was recognised for Ecobank Omni, a comprehensive suite of flexible online cash management solutions, designed to help corporations increase productivity, manage their cashflows and help with an efficient management of their working capital cycle.
It provides corporates with full transparency, visibility and control over all of their cash management needs across Ecobank's pan-African footprint.
Patrick Gutmann, Ecobank's Group Head for Transaction Services, said: "This award is a befitting recognition of the premium that we at Ecobank place on constantly improving our technology platform to ensure that we give our customers an optimal transaction banking experience."
Receiving the award on behalf of the Ecobank Group at the awards ceremony held at Tower Hotel in London on 20 November, René Awambeng, Ecobank Group Head of Global Corporates, said:
"I am delighted to accept this award on behalf of Ecobank. It is testimony to our relentless pursuit of perfection as we strive to achieve our dual objective of being a world-class pan-African bank, and one which furthers regional and financial integration in Africa."
Banking Technology annually invites banks and other financial institutions to submit their entries for the various award categories. Each industry entrant supports their submissions with examples of progress made in the different fields of endeavour.
Incorporated in Lome, Togo, Ecobank Transnational Incorporated ('ETI') is the parent company of the leading independent pan-African banking group, Ecobank. It currently has a presence in 36 African countries, namely: Angola, Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Congo (Brazzaville), Congo (Democratic Republic), Cote d'Ivoire, Equatorial Guinea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Liberia, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Togo, Uganda, Zambia and Zimbabwe. The Group employs over 20,000 people in 40 different countries in over 1,200 branches and offices. Ecobank is a full-service bank providing wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organizations, medium, small and micro businesses and individuals. Additional information may be found at ecobank.com.
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