The Pan-African banking group, Ecobank Transnational Incorporated (ETI) is set to pay its shareholders’ dividends of $0.16 per share totalling $40 million for the year ended December 31, 2021. This implies approximately CFA90, N66.6, or 1.08 Ghana Cedi per share.…
Nigerian lender, Ecobank Group has announced the appointment of Mr Chinedu Ikwudinma as Group Executive and Group Chief Risk Officer. Mr Chinedu Ikwudinma has been, before this appointment, the Group Credit Officer since June 2019 before being elevated to the…
By Asishana John Ecobank Group’s Commercial Banking business has engaged some insurance companies to offer a range of Bancassurance solutions to Ecobank’s Small and Medium-sized Enterprise (SME) customers across markets where Ecobank operates. The insurance companies include Old Mutual, Allianz,…
Ecobank Group has reported a profit before tax of $352m for the nine-month period to September 2021, compared to $91m in the same period last year. The audited financial statements showed that its non-performing loan ratio dropped year-on-year to 6.9…
Ecobank Group, has appointed Mr Mobolaji Lawal as Regional Executive/Managing Director-designate of Ecobank Nigeria, subject to the approval of the Central Bank of Nigeria. Mrs Adenike Laoye, Group Head, Corporate Communications and its Chief of Staff, disclosed this in a…
The Pan-African banking group, the Ecobank Group, is the African Banker’s 2021 African SME Bank of the Year. Ecobank beat a host of other banks in the African Banker Awards 2021 to take home the SME Award in a tumultuous…
Ecobank Transnational Incorporated (ETI), the Lomé based parent company of the Ecobank Group, is pleased to announce that it has successfully raised $350 million Tier 2 Sustainability Notes. This represents the first ever Tier 2 Sustainability Notes by a financial…
