By Esther Agbo To fortify its financial standing, Ecobank announced recently that it has secured approval from bondholders to increase its capital buffer by 10 percent. This decision comes as the bank navigates economic pressures exacerbated by the devaluation of…
By Esther Agbo In expanding its financial services, Ecobank Nigeria Limited has received the green light from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to launch its custody business operations in Nigeria. This development…
By Esther Agbo Ecobank Transnational Incorporated has announced a remarkable profit after tax of N311 billion for the first half of 2024, representing an impressive 196 per cent surge compared to the N105 billion recorded in the corresponding period last…
The earnings of Ecobank Transnational Incorporated (ETI), a pan-African banking group, rose to the highest in at least nine years of N311 billion in the first six months of 2024, data compiled by newsmen shows. According to the firm’s latest…
Ecobank Transnational Incorpora ted (ETI) will raise $600 million through senior secured debts and tier-2 debts over the next year. This was one of the resolutions from the group’s Annual General Meeting which took place in Lome, Togo on June…
The shareholders of Ecobank Transnational Incorporated have given their approval for it to raise N600m in fresh capital raise within one year. This was revealed in the resolutions adopted at the 36th annual general meeting and extraordinary general meeting of…
The earnings of Ecobank Transnational Incorporated (ETI), a pan-African banking conglomerate rose by 249 percent in the first three months of 2024, according to its latest financial statement on Tuesday. The group reported an after-tax profit of N140.8 billion from…
Ecobank Transnational Incorporated (ETI) says it has successfully repaid its 500 million dollar five-year eurobond on Thursday, in testament to its financial strength. Dr Ayo Adepoju, Group Chief Financial Officer, ETI revealed this in a notification sent to the Nigerian…
Ecobank Group, a pan-African financial services organisation, has appointed key executives to strengthen its leadership and effectively drive its Growth, Transformation and Returns (GTR) strategy. The Group Communications Manager of Ecobank Transnational Incorporated (ETI), Ms Christiane Bossom made this known …
Pan-african bank, Ecobank Nigeria, a subsidiary of the Ecobank Group has announced mouthwatering rewards for customers who operate its SuperSavers accounts. The six months reward programme is scheduled to run between January and June, 2024 and customers can benefit up…
