•With 27% female CEOs, banks make great leap in sustainable principles The banking industry has made a dramatic leap in its Nigerian Sustainable Banking Principles (NSBP) with the recent appointments of two females as Chief Executive Officers (CEOs). The coming on board of the CEOs, Mrs. Miriam Olusanya for Guaranty Trust Bank (GTBank) and Mrs. […]
Ecobank Ghana and GCB Bank continued to show their dominance in the banking industry, controlling almost a quarter of the industry’s deposits in 2020. They controlled about 23.9 per cent of the banking industry market share in terms of deposits in 2020. According to research analysis by investment firm; Tesah Capital, Zenith Bank was the […]
The Board of Ecobank Nigeria has announced the appointment of three independent non-executive directors. The experienced professionals who have distinguished themselves in their various careers, include Mrs. Taba Peterside, Mr. Yusuf Suleiman and Alhaji Abu Idris. Peterside has over 33 years’ experience in the Nigerian and international banking, financial services and the capital markets. She […]
Dike Onwuamaeze Ecobank Nigeria Plc has launched its ‘Ellevate’ proposition. The product was designed to provide access to finance, market and training to over 40 million female-owned and managed businesses as well as those that produce goods and services to women in its bid to stand out as the most female-friendly bank in the country. […]
CDC Group has announced a $50m trade finance facility for Ecobank International (EBI SA), the Paris based member of the Ecobank Group. This marks CDC’s first partnership with EBISA with the commitment aimed at providing systemic liquidity to underserved markets and crucial trade finance support to local banks and businesses across Africa. Admir Imami, Director, […]
The banking sector is presently witnessing an increase in the number of female managing directors/chief executive officers. Over the years, these remarkable women climbed the career ladder to get to the top after starting at the bottom. With dint of hard work, consistency, dedication and ambition, they successfully changed the narrative, breaking the proverbial glass […]
Ecobank and its MD, Akinwuntan * Celebrates Nigerians in the Diaspora; In commemoration of this year’s National Diaspora Day event, Ecobank Nigeria is joining the rest of the country to celebrate Nigerians in the diaspora by making transactions on its proprietary money transfer app, Rapidtransfer, free of charge. The Federal Government has set aside July […]
Deposits remained the main source of funding for the industry Ecobank Ghana and GCB Bank controlled about 23.9% of the banking industry market share in terms of deposits in 2020. The year-on-year growth of deposits went up by 25.1% in 2020 recording GH¢104 billion. GH¢149.3bn total assets Total assets of the banking sector stood at […]
Ecobank, one of Nigeria’s leading banks, has confirmed that it will temporarily suspend fees on its online money transfer app Rapidtransfer in order to celebrate the country’s National Diaspora Day. Customers will be able to receive cash from abroad with no Rapidtransfer fee and will be able to either take it out in cash or […]
A jumbo road interchange financed by the African Development Bank Group has opened in the Ghanaian capital, Accra, amid hopes the new infrastructure will help reduce road fatalities, ease mobility and spur trade within Ghana as well as with its neighbors. Ghana’s President Nana Akufo-Addo commissioned the Pokuase Interchange – an array of swirling highways […]
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