The 24 banks, currently operating in the country, registered an after-tax profit of GH¢1.1 billion, representing a year-on-year growth of 38.9 percent compared with 5.8 percent growth for the same period last year. The profit margin is a remarkable growth, after the clean-up of the banking industry. Majority of the profits were recorded largely by […]
Tag: ecobank
Ecobank presents financial support to 16 medical students
Mr Daniel Sackey (2nd right) presenting the sponsorship package to a beneficiary Ecobank Ghana has presented financial support packages to 16 selected medical students across the country to travel abroad for the 2019 medical training exchange programme. The students were selected from the Kwame Nkrumah University of Science and Technology (KNUST), the University of Ghana […]
Ecobank, KRA launch special pay zone at border point
Ecobank, KRA staff applaud during the launch of EcobankPay and digital payment solutions at the KRA Namanga customs border point. Ecobank has partnered with the Kenya Revenue Authority (KRA) to offer digital solutions that will eliminate the need for taxpayers to carry cash to make payments. The digital solution will facilitate taxpayers to use digital […]
Ecobank, NIRSAL Signs MoU on Agric Financing; Assure Farmers of Single Digit Interest Rates
Ecobank Nigeria Limited and Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) has signed a Memorandum of Understanding (MoU) signalling the beginning of a collaboration between both institutions on agri-business financing and the development of products that will support lending to actors in the agricultural value chain in conformity with Ecobank’s risk acceptance criteria and […]
Ecobank Ghana supports medical students to study abroad
The beneficiaries in a group photograph with Ecobank MD, Mr Daniel Sackey Ecobank Ghana in collaboration with partners have provided sponsorship for 16 medical students to undertake Student Exchange Programme abroad to enhance their capabilities and help improve healthcare delivery in the country. The gesture, which forms part of the institution’s Corporate Social Responsibility, was […]
Liberia: Diverted China Union US$6m Paid to Liberia Vanishes from Questionable Account
Monrovia – Section 4 of the Public Finance Management Law regarding Public Funds and Money stipulates that in order to ensure the effective and efficient management, accounting and control of the public financial transactions and operations of the Republic of Liberia, a Consolidated Fund is established where monies owed government by foreign companies should be […]
Ecobank, Partners provide financial support to 16 medical students
Ecobank MD Dan Sackey with the recipients Ecobank together with its partners Woodin, Old Mutual and Emirates are supporting 16 medical students under the Ecobank Medical School Exchange program. Ecobank provided cash of $1000 to each of the 16 students whilst the partners – Emirates gave special discounts on air tickets (of up to 30%), […]
Bank renews commitment for wealth creation, sustainability
Patrick Akinwuntan Ecobank Nigeria has pledged commitment to the advancement of ideas that would lead to wealth creation and its sustainability through several generations. Besides, the bank said it is of mutual interest and benefits to support businesses to achieve sustainable wealth that is passed down from one generation to another, through its advisory arm, […]
NLC to Ecobank: You must pay complete severance benefits
The Nigeria Labour Congress (NLC) says the management of Ecobank must pay its laid-off workers their complete severance package, including the agreement reached before they were employed. The labour union made this known at a meeting with the bank’s management. The bank had laid off an estimated 1,200 contract staff, who had claimed that they […]
Labour dialogues with Ecobank over sack of 1,200 workers
[FILES] Ecobank Bank workers under that aegis of the Nigeria Union of Banks, Insurance and Financial Institution Employees (NUBIFIE) have entered into dialogue with Ecobank Nigeria, over sack of 1,200 personnel and the bank’s non-renewal of the contract of its third party recruitment agencies. The dialogue, which commenced yesterday, also had members of the Nigeria […]