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…
Africa’s facts now at fingertips as Ecobank’s African markets website goes live
…Profiling Francophone W’Africa as leaders in intra-regional trade Francophone West Africa leads in intra-regional trade with trade hotspots around Dakar, Abidjan, Cotonou and Lomé, according to analysis by Ecobank’s research team in its new website, AfricaFICC. Country guides for the…
Fintech boosting financial inclusion across Africa—Ecobank
Leading independent pan-African banking group and main sponsor of the 2018 Africa Tech summit in Kigali, Rwanda, Ecobank has revealed that although over 80% of Africans have mobile phones, only around one quarter (28%) of them have bank account. However,…
CBN, Access, UBA, Fidelity, Zenith, others line up for Jo’burg Exchange honours
More than half of Nigerian commercial banks have been nominated for the Johannesburg Stock Exchange (JSE), in South Africa over their innovative performances in 2017. Banks of Africa is an initiative to recognise and promote financial service excellence across the…
How Barclays suddenly become advisor in sale of 9Mobile
Facts on why rather than Citigroup and Standard Banks, new advisor had been preferred for arranging the sale of 9Moblie on or before December, 31st 2017. Though analysts say the sudden change had the backing of the 13 banks who…
How banks’ removal of $1.2Bn 9Mobile debt from books’ll shape future
Since the revelation that the 12 banks involved in the $1.2 billion 9Mobile loan are setting aside a large part of the debt from their books ahead of the December 31 end-date for the fiscal year, financial pundits have started…
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…
Ecobank listed on S/Africa’s Nedbank growth strategy after $293m write-down
South African banking giant, Nedbank has announced that Ecobank Transnational Incorporation (ETI) remains vital to its expansion elsewhere on the African continent despite booking a $293 million write-down on the value of its stake in the sub-Saharan lender. Ecobank has…
