Ecobank Nigeria has announced the promotion of 682 staff, representing 26 per cent of its core staff as it recruited the first batch of 60 new entry level trainees into its workforce despite the impact of the COVID-19 pandemic on business performance globally. This according to a statement signed by the managing director, Patrick Akinwuntan […]
Tag: ecobank
Ecobank Nigeria Promotes Staff
Ecobank Nigeria has announced the promotion of 682 of its staff members. The promotion, according to a statement, for those that were affected became effective on May 1, 2021. The bank said the exercise represented 26 per cent of its core staff despite the impact of the COVID-19 pandemic and all the attendant impact on […]
Digital infrastructure propel Ecobank growth
Commercial lender, Ecobank Ghana said it had scaled through the downside effects of the COVID-19 pandemic to post a 17 per cent revenue growth propelled by a robust digital infrastructure. Managing Director of the bank, Mr Dan Sackey said in a post AGM virtual news conference that the bank relied on alternative income sources to […]
Ecobank Nigeria Pledges More Support And Collaboration With Bankers Institute
Dele Alabi, MD, ETI Speciliased Finance Company/ National Treasurer CIBN; Patrick Akinwuntan, MD/CEO, Ecobank Nigeria; Bayo Olugbemi, the President/Chairman of Council, CIBN and Professor Pius Olarewanju, 2nd Vice President, CIBN [Lagos, June 10, 2021 – The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has pledged more support and collaboration with the Chartered Institute of Bankers of […]
Ecobank to Raise US$300 Million Through Fixed Rate Reset Tier 2 Sustainability Notes
Ecobank Transnational Incorporated (“ETI”), the parent company of Ecobank Group, has announced plans to raise US$300 million from the international debt capital markets through the issuance of Tier 2 qualifying sustainability Notes pursuant to the United States Securities and Exchange Commission Rule 144A and Regulation S (the “Notes”). The leading financial institution listed on the […]
Ecobank Ghana records net profit of ¢549m in 2020
The Ecobank Ghana PLC recorded a net profit of ¢549.8 million in 2020 against ¢444.9 million in 2019, representing an increase of 24 per cent. Customer deposits also rose from ¢99.7 billion in 2019 to ¢11.8 billion, an increase of 21 per cent. Terence Ronald Darko, the Board Chairman of the Bank, disclosed this at […]
Ecobank Ghana to pay GH¢177m dividend to shareholders
Shareholders of Ecobank Ghana will receive an amount of 55 pesewas per share as dividend from the bank with respect to the 2020 financial year This is a 100% increase over that of the 2019 dividend payment. It follows approval by the Bank of Ghana for the increment and payment. Speaking to shareholders of the […]
CIBN Unveils New Strategic Initiative ‘A-TEAM’ Solicits Ecobank’s Collaboration
Proshare Nigeria Pvt. Ltd. The Chartered Institute of Bankers of Nigeria (CIBN) has unveiled a new Strategic Initiatives with the acronym "A-TEAM" being part of efforts by the institute to revamp banking practice in Nigeria. Speaking during a courtesy visit to the Management of Ecobank Nigeria, the President/Chairman of Council, CIBN, Bayo Olugbemi explained that […]
Ecobank Nigeria Pledges More Support, Collaboration With Bankers Institute
(L-R) Dele Alabi, MD, ETI Specialised Finance Company/ National Treasurer CIBN; Patrick Akinwuntan, MD/CEO, Ecobank Nigeria; Bayo Olugbemi, the President/Chairman of Council, CIBN and Professor Pius Olarewanju, 2nd Vice President, CIBN The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has pledged more support and collaboration with the Chartered Institute of Bankers of Nigeria (CIBN), the umbrella […]
New digital payment platform myGHQR.com set to grow adoption of QR payments in Ghana
GHQR is Ghana’s national Quick Response (QR) camera scan & pay service A revolutionary new digital payments service, myGHQR.com is set to transform the payments landscape and position Ghana among the top cashless economies of the world. The service is developed by Hubtel, a leading enhanced payments service provider and is set to launch in […]