CDC Group announces US$50 million trade finance facility for Ecobank

CDC Group announces US$50 million trade finance facility for Ecobank

The Covid-19 crisis has had a significant adverse effect on trade flows, business operations and jobs in Africa’s markets. Image Credit: Wikimedia CDC Group, the UK’s Development Finance Institution and impact investor, has announced a US$50 million trade finance facility for Ecobank International (EBI SA), the Paris based member of the Ecobank Group. This marks […]

Ecobank To Empower 40m Nigerian Women In Business

Ecobank To Empower 40m Nigerian Women In Business

Ecobank Nigeria said it plans to empower 40 million women-owned and women-managed businesses in the country through its recently launched gender-based proposition, Ellevate. Managing director and chief executive of the bank, Mr Patrick Akinwuntan, speaking on Ellevate, said the gender-based proposition for women-owned businesses is targeted at reducing gender inequality in entrepreneurship and aids equal […]

Ecobank to ‘Ellevate’ Nigerian women in business

Ecobank to ‘Ellevate’ Nigerian women in business

Ecobank Nigeria has launched “Ellevate”, a gender-based proposition for women-owned businesses to reduce gender inequality in entrepreneurship and aid equal representation for women in the formal business sector. The Managing Director, Ecobank Nigeria, Patrick Akinwuntan said the Ellevate product introduced to the nation’s financial landscape on Wednesday, is targeted at empowering at least 40 million […]

Ecobank and GCB Bank control 23.9% of banking industry deposits; Zenith Bank ranked 1st in financial performance

Ecobank and GCB Bank control 23.9% of banking industry deposits; Zenith Bank ranked 1st in financial performance

Ecobank Ghana and GCB Bank controlled about 23.9% of the banking industry market share in terms of deposits in 2020, according to research analysis by investment firm, Tesah Capital. However Zenith Bank was the best bank in Ghana last year in terms of financial performance. Ecobank Ghana and GCB Bank continued to show their dominance […]

Assisting pension contributors acquire homes -2 Entities sign pact

Assisting pension contributors acquire homes -2 Entities sign pact

Mr Dan Sackey, (left) Managing Director of Ecobank Ghana exchanging documents with Mr Joseph Ampofo, Managing Director of Enterprise Trustees Ecobank Ghana and Enterprise Trustees have signed a partnership agreement to introduce a pension-backed mortgage loans which will help pension contributors acquire affordable homes. Under the agreement, Enterprise Trustees will make available to workers whose […]

ECOBANK-Enterprise Trustees Sign Agreement

ECOBANK-Enterprise Trustees Sign Agreement

Ecobank Ghana and Enterprise Tustees yesterday signed a partnership agreement, introducing the first ever pension-backed mortgage loan and short term credit facility in Ghana. Under this partnership, Enterprise Trustees will make available to workers, whose pension funds reside at Enterprise, a package that enables them to attract pension-backed mortgages and short-term loan facilities from Ecobank. […]

Ecobank to "Ellevate" Nigerian Women In Business

Ecobank to “Ellevate” Nigerian Women In Business

Ecobank Nigeria has launched "Ellevate", a gender-based proposition for women-owned businesses to reduce gender inequality in entrepreneurship and aid equal representation for women in the formal business sector. The Managing Director, Ecobank Nigeria, Patrick Akinwuntan said the Ellevate product introduced to the nation’s financial landscape on Wednesday, is targeted at empowering at least 40 million […]