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Ecobank Transnational Incorporated (ETI)

Nkontchou, a Cameroonian now heads Ecobank Transnational Incorporated board

Technology driven continental financial giant, Ecobank has announced the appointment of Alain Nkontchou, a Cameroonian and Independent Non-Executive Director since 2015, as Board Chairman of its holding company, Ecobank Transnational Incorporated (ETI), with effect from 30 June 2020. In accordance…

Okonedo in, Oteh out on Ecobank Board

Shareholders of Ecobank Transnational Incorporated (ETI) have elected Prof. Enase Okonedo and Mr Simon Dornoo as board members of the bank. A statement issued by the Group Head Communication, Adenike Laoye, explained that the election took place at the Bank’s…

Ecobank Group hits 32% growth of NGN146.5bn for 2019 in PBT

Leading continental financial giant, the Ecobank Transnational Incorporated (ETI) has announced a record 32% growth in profit before tax of NGN146.5 billion for 2019 financial year. This was up from the N110.8 billion recorded in 2018. The bank which released…

COVID-19 Pandemic: Ecobank advises customers on digital self-service solutions

More responsible corporate citizens have continued to issue momentary precautionary advice to their valued customers’ as the global COVID-19 pandemic gets messier. Latest amongst early groups to guide their customers include Ecobank Nigeria, which issued a statement Thursday to its…

Ecobank Transnational Incorporated makes new appointments, changes on its board

Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of the Ecobank Group, has announced two new appointments and changes on its Board of Directors. Dr. Georges Agyekum Nana Donkor has been appointed as a Non-Executive Director to replace Mr. Bashir…

Agribusiness value-chain has created new breed of entrepreneurs, jobs—Ecobank

The Group Chief Executive Officer of Ecobank Transnational Incorporated (ETI), Mr. Ade Ayeyemi, has averred that the development of the agribusiness value-chain has created a new breed of entrepreneurs as well as jobs for the teeming population. In his keynote…

Ecobank seals UNEP’s Finance Initiative Principles for responsible banking

Ecobank Transnational Incorporated (ETI) Wednesday announced that it has become an official Signatory to the UN Principles for Responsible Banking: a single framework for a sustainable banking industry developed through an innovative partnership between banks worldwide and United Nations Environment…

Ecobank Transnational Incorporated gets new two group heads

Leading continental financial powerhouse, Ecobank Transnational Incorporated (ETI), has announced the appointment of two top officials including Nana Araba Abban as Group Consumer Banking Head and Ayo Adepoju as Group Chief Financial Officer. A statement signed by the Group Head,…

Ecobank excites London S’Exchange over successful $500m Eurobond issuance

Following its successful $500 million Eurobond issuance, Ecobank Transnational Incorporated (‘ETI’), the Lomé-based parent company of the Ecobank Group, was hosted by the London Stock Exchange to a market opening ceremony to celebrate the successful listing of the Eurobond on…

ETI’s debut $450 million Eurobond oversubscribed

Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of the Ecobank Group, has announced success in fully raising $450 million in its debut Eurobond which was oversubscribed. Business Hilights gathered that the Global Offering is a 5-year unsecured note (144A/RegS)…