Standard Chartered Bank acts as Joint Lead Manager ‘JLM’ on Access Bank Plc. US$500 million Senior Eurobond

Standard Chartered Bank acts as Joint Lead Manager ‘JLM’ on Access Bank Plc. US$500 million Senior Eurobond

Standard Chartered Bank, alongside three other banks, acted as Joint Lead Manager for Access Bank Plc. (“ETI”) on its US$500m Senior Eurobond Issuance. The Senior Eurobond is a 5-year unsecured note (144A/RegS) under Access Bank’s US$1.5 billion Global Medium-Term Note Programme and is listed on the main market of the London Stock Exchange. The bond […]

Balancing Liquidity, Deposit-to-lending Ratio, NPLs, Banks Default in CBN 65% LDR Requirement in H1

Balancing Liquidity, Deposit-to-lending Ratio, NPLs, Banks Default in CBN 65% LDR Requirement in H1

Darasimi Adebisi Following concerns over the need to balance between liquidity, deposit-to-lending ratios and check non performing loans, Tier-1 banks in the country failed to meet the Central Bank of Nigeria (CBN) 65 per cent Loans-to-Deposit Ratio (LDR) for the half year ended June 30, 202. This is despite the CBN warning that failure to […]

Intravenous infusions secures credit facility for new factory

Intravenous infusions secures credit facility for new factory

Intravenous Infusions PLC, a Ghanaian pharmaceutical company, has secured a medium-term loan facility of US$3.2 million from Ecobank Ghana Ltd under the government’s stimulus package to build a new factory. A new plant and machinery have already been procured and delivered to the factory awaiting installation. This was after the company had received approval from […]

Largest Model Search: Future Face Africa Partners Ecobank

Largest Model Search: Future Face Africa Partners Ecobank

Left: Babajide Sipe, Head, Marketing and Corporate Communications, Ecobank Nigeria; Elizabeth Isiorho, Model Agent/ Founder, Future Face Africa; Irene Asanji, Coordinator, Future Face Africa and Eniafe Momodu, Co-Creative Director, Future Face Africa during a press briefing to announce the programmes for the Future Face Africa Competition 2021 in Lagos Ecobank Nigeria has entered into a […]

Cocobod bumps up annual pre-export finance facility

Cocobod bumps up annual pre-export finance facility

Ghana Cocoa Board (Cocobod) has signed its annual pre-export financing (PXF) facility, this year worth US$1.5bn. Since 1992/93, Cocobod has obtained an 11-month receivables-backed syndicated loan to enable the company to meet its financing needs for the coming cocoa crop season. This year’s facility was signed on September 22, and Rabobank, ICBC, MUFG, Natixis, Nedbank […]

CIMG launches Ghana’s 1st Customer Satisfaction Index Report; Ecobank tops all

CIMG launches Ghana’s 1st Customer Satisfaction Index Report; Ecobank tops all

The Chartered Institute of Marketing Ghana (CIMG) has launched Ghana’s 1 st Customer Satisfaction Index Report. The Customer Satisfaction Index Report focused on the banking industry, as 2,300 customers were sampled from 23 banks with 100 people each bank. President of CIMG, Daniel Kasser-Tee explained the reason why the banking industry was chosen for the […]

Ecobank appoints new chair, 2 directors

EcobankPay transactions value hits N1bn The Board of Directors of Ecobank Nigeria has announced the appointment of three non-executive directors. The new directors include Mrs. Bola Adesola, who becomes the bank’s chairman, while Mrs. Titilayo Olujobi and Mrs. Bimbola Wright are non-executive directors. According to the Board, the new directors have distinguished themselves in their […]

Board of Ecobank Nigeria Announces The Appointment of new Chairman and New Directors

Board of Ecobank Nigeria Announces The Appointment of new Chairman and New Directors

The Board of Directors of Ecobank Nigeria has announced the appointment of three non-executive directors: . Mrs. Bola Adesola, Mrs. Titilayo Olujobi and Mrs. Bimbola Wright. According to the Board, the new Directors have distinguished themselves in their various careers bringing with them a wealth of experience in the financial services industry, their professionalism and […]

Why Ecobank Advocates that Millennials Should Drive Payment Innovations

Why Ecobank Advocates that Millennials Should Drive Payment Innovations

In media, banking, medicine, entertainment and others, preferences by generational groups influence the success or otherwise of organizations. That is why researchers have names like Generations Z, Alpha and X. Among these, Generation Z has an interest in digital things. It is for this reason that they are called “digital natives”. That is why Ecobank […]