Vice Chancellor, University of Lagos, Prof. Oluwatoyin Ogundipe presenting a souvenir to Managing Director, Ecobank Nigeria, Patrick Akinwuntan (Chairman of the Day) at the Colloquium 2019 organised by The Investment Society, Unilag in Lagos on Monday. The Vice Chancellor, University of Lagos, Prof. Oluwatoyin Ogundipe has commended Ecobank for its consistent support for the promotion […]
Tag: ecobank
Agongo ‘Sad’ Over Auctioning Of Heritage Bank Assets
The majority shareholder of the now-defunct Heritage Bank Ghana Limited, Mr Seidu Agongo, has bemoaned what he describes as the “sad end” to the indigenous financial institution following news of the scheduled auctioning of the collapsed bank’s assets. Narrating the dream behind setting up HBL, Mr Agongo, in a short write-up, said: “In July 2014, […]
Heritage Bank auction: “Sad end”! USD60-m dream killed; “gone but flame not quenched” – Agongo
The majority shareholder of the now-defunct Heritage Bank Ghana Limited, Mr Seidu Agongo, has bemoaned what he describes as the “sad end” to the indigenous financial institution following news of the scheduled auctioning of the collapsed bank’s assets. Heritage Bank Ghana Narrating the dream behind setting up HBL, Mr Agongo, in a short write-up, said: […]
Bank of Ghana report says it approved 13 remittance products for 8 universal banks to operate in 2018
Governor of the Bank of Ghana, Dr Ernest Addison Bank of Ghana said it approved 13 remittance products for eight universal banks in 2018. The revelation was made its 2018 Payment Systems Oversight Annual Report. United Bank for Africa (Ghana) Limited (UBA), Barclays Bank (Ghana) Limited (BBG), Access Bank (Ghana) Limited (ABL) among others were […]
Banks in scramble for borrowers amid looming sanctions
The recent directive issued by the Central Bank of Nigeria to deposit money banks on lending to the real sector of the economy has triggered a scramble for borrowers, ’FEMI ASU writes Deposit money banks, whose loan-to-deposit ratios are below the new target stipulated by the Central Bank of Nigeria, are intensifying efforts to lure […]
Seidu Agongo Writes: “A Sad End” – A Tribute To Heritage Bank
Embattled businessman and philanthropist, Alhaji Seidu Agongo, has written an emotional article on the collapsed Heritage Bank Limited after news broke Thursday, September 6 that the bank’s assets were due to be auctioned. Below is the article A SAD END? In July 2014, I set out to build a brand that will endure and stand […]
Security guard rewarded for ‘returning $10,000’ found inside banking hall
William Okogbue, a security guard with Hogan Guards Limited, formerly known as Guardsmark, has been rewarded for returning a bag containing $10,000. On Thursday, the management of the security outfit rewarded the 46-year-old indigene of Anambra state at a programme in Lagos state. Okugbue narrated that while on duty at an Ecobank branch in Abacha […]
CIBN presents accreditation certificate to Ecobank Nigeria Academy
The Chartered Institute of Bankers of Nigeria (CIBN) has officially presented certificate of accreditation to the ultra-modern, state of the art Ecobank Nigeria Academy with a call to other financial institutions in the country seeking accreditation of their training school to emulate Ecobank Nigeria. Speaking at the event, CIBN President, Uche Olowu said the accreditation […]
Zim financial reforms hammer banks’ balance sheets
Finance Minister of Zimbabwe Mthuli Ncube, gestures during an interview with AFP at the World Economic Forum annual meeting, on January 22, 2019, in Davos, eastern Switzerland. (FABRICE COFFRINI/AFP/Getty Images) Financial sector reforms in Zimbabwe and the pending introduction of new Zim dollar notes are bad news for the country’s banking industry, analysts in Zimbabwe […]
Nigeria: Stakeholders Rally Behind CBN’s Push to Tighten Noose On Bank Loan Defaulters
Tougher days await habitual defaulters of bank loans as stakeholders in the banking industry have backed the moves by the Central Bank of Nigeria (CBN) and the Bankers’ Committee to tighten the noose on chronic debtors. The stakeholders yesterday in Lagos, endorsed the CBN and the Bankers’ Committee’s plan to create a credit risk clause […]