The Court of Appeal in Lagos yesterday upturned the judgment of the Federal High Court which last year cleared Honeywell Group of owing Ecobank Nigeria PLC the sum of N3.5 billion. The appellate court in a judgment delivered in the protracted case, held that the case of Ecobank had merit and consequently ruled in its […]
Honeywell Group on Monday indicated that it will approach the Supreme Court to challenge the judgment of the Court of Appeal against it in a N3.5 billion debt controversy. The counsel to Honeywell Group, Mr Olabode Olanipekun (SAN), gave the indication shortly after the appellate court reversed a lower court’s decision in favour of Honeywell […]
Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the biggest growth opportunities in digital financial inclusion lies in the ability to combine the mobile phone, cards and agency banking services in the most cost-effective and convenient way to reach the citizenry on a sustainable basis. Akinwuntan, who made this submission at the Ecobank-Vanguard Digital Financial […]
PUBLIC Ecobank Group Reports Audited Results for the Nine Month Period Ended 30 September 2020 Tangible Book Value Per Share (TBVPS)1 of 4.98 US cents Diluted EPS of – 0.13 US cents and Normalised Diluted EPS of 0.53 US cents Operating income Profit before tax Annualised ROTE2 Tangible BVPS $1,214m $91m -3.5% 4.98 US cents […]
Lomé – Leading pan-African banking group, Ecobank, has won awards from EMEA Finance, The Banker and Global Finance. Ecobank’s awards in the EMEA Finance African Banking Awards 2020 includes the pan-African award for Financial Inclusion, and ‘Best Bank’ in Burkina Faso, Cabo Verde, Chad, Gabon, The Gambia, Guinea, Liberia and Mali. The Banker’s Bank of […]
(Togo First) – Ecobank-Togo was awarded the Banker’s Bank of the Year title for 2020. The awards ceremony was held online on December 2, 2020. The pan-African lender owes its achievement to multiple initiatives such as updating its main banking application, fighting Covid-19, canceling or reducing charges on some transfers, or the increase in limits […]
Ecobank Ghana Limited has sued Opera News Ghana for defamation after the online news platform published a story which suggested that the head office of the bank was to be closed down following its inability to pay a debt to a businessman. The bank wants damages for libel against the defendant for the July 21, […]
Ecobank Ecobank, last Friday, organised a regional webinar to strengthen its stand against Non-Communicable Diseases, focusing on Diabetes, across 5 countries within West Africa, covering; Ghana, Gambia, Liberia, Sierra Leone and Guinea. The regional webinar, which formed part of the bank’s program of activities to commemorate the 2020 Ecobank Day, brought together over 2,000 participants […]
Thursday, November 26, 2020 / 10:12AM / Ecobank / Header Image Credit: Positive Real Estate The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has advocated a closer collaboration between banks, Telcos, Fintechs and industry regulators to enhance savings and lending in the financial landscape. This development according to him will generate activities in the economy and […]
Business Reporter THE Ecobank Group has launched a new programme called “Ellevate” aimed at empowerment of women-owned and women-focused businesses in Zimbabwe and across 33 markets in Africa. The Pan-African banking institution, which also has operations in Zimbabwe, said the new programme was designed to help women reach their full potential by empowering, growing and […]
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