2 Nigerian startups make list of 11 finalists in Ecobank Fintech Challenge 2018
Frontline financial institution on financial technology, Ecobank, has announced the finalists for the 2nd edition of the annual Ecobank Fintech Challenge (EFC), a competition for Africa-focused technology start-ups. The list includes 11 fintech start-ups from across the continent and beyond….
Kie, outgoing Ecobank Nigeria MD on transition till August ending—ETI
The Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has explained that following the announcement of the resignation of Mr. Charles Kie as the managing director of Ecobank Nigeria Limited, he will continue to run a transition…
Ecobank plans to hit 100 million customers through innovative digital products
Apart from being a leading Pan-African bank, Ecobank has revealed its ambition to attain a customer base of 100 million across Africa with current and emerging technology-driven products that are salutary to business. In a statement, the financial giant averred…
Pan-African Bank, Ecobank bags Best Digital Strategy Award in London
Ecobank has won the Best Digital Strategy Award at the Retail Banker International’s prestigious awards ceremony held at the Waldorf Hilton Hotel in London recently. Ecobank’s digital strategy leverages digitalisation for scale and ubiquity and is the key plank in…
Ecobank Group partners MTN to deepen mobile money, financial inclusion in Africa
MTN Group on Tuesday sealed a partnership deal with Africa’s leading independent banking group, Ecobank Transnational Incorporated (ETI). The collaboration is tailored to enable both companies leverage on each other’s assets with the aim of offering more value to their…
Ecobank’s Mobile App processes $1bn transactions in Africa within 18 months
The groundbreaking Ecobank Mobile App, a single, unified financial services application across 33 African countries, has processed 9 million transactions worth over $1 billion since launch less than 18 months ago. With over 4 million users, the Ecobank Mobile App…
Ecobank’s upgraded Mobile App downloads climb to 4 million users’ in Africa
The upgraded version of Ecobank’s revolutionary mobile app has attracted well over three million new customers in just six months, taking the total number of users to four million in half year. The app builds on the core functionality that…
Ecobank wins ‘Bank of the Year’ awards in 5 African countries
Another pan African financial institution that joined in sweeping the recent prestigious Bankers’ Awards is Ecobank Transnational Incorporated. This stemmed from the fact that Pan African financial institution doing business in many African economies won “Bank of the Year” awards…
How Ecobank recovered $2m NPL in Q1 2017— Ade Ayeyemi
The Group’s Chief Executive Officer of Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, has opened up on the success so far recorded by his group in recovering about $2 million of its non-performing loans (NPLs) in the first quarter of 2017,…
Progress as Ecobank’s shareholders agree to $400 million convertible bond issue
At the recent 29th Annual General Meeting and Extraordinary General Meeting, held in Lomé, weekend, shareholders of Ecobank Transnational Incorporated (‘ETI’), the parent company of the Ecobank Group (‘Ecobank’ or ‘the Group’), approved the issue of up to $400 million…