Managing Director of Ecobank Ghana, Daniel Sackey has disclosed that the bank leveraged on its scale and technology to make banking easier for its clients. He told the Board and shareholders at this year’s AGM that this enabled their customers to “bank seamlessly with us, using their preferred digital channels.” “In 2019, we demonstrated our […]
Tag: ecobank
Ecobank Ghana Holds Its 15th Annual General Meeting
Ecobank Ghana on August 7, 2020, held its 15th Annual General Meeting (AGM), posting sterling financial results and maintaining its position as Ghana’s biggest bank. This year’s AGM held virtually, highlighted strong growth in revenues and profits, strengthening of the Bank’s balance sheet as well as a dividend payout. On performance, the bank earned a […]
First National Bank senses growth potential in Ghana
The chief executive officer at First National Bank Ghana talks to Jason Mitchell about the country’s growing investment banking sector and the impact of new capital regulations Richard Hudson Q: What has been the impact of new capital regulations on Ghana’s investment banks? A: During the past two years, the investment banking sector has experienced […]
Ghanaian startup named overall winner of Ecobank Fintech Challenge
Ghanaian startup Nokwary has been named overall winner of this year’s Ecobank Fintech Challenge, securing US$10,000 in prize money. The Ecobank Fintech Challenge , previous editions of which were won by Tanzania’s Nala and Nigeria’s IroFit , was open to submissions from all startups and developers in any of Africa’s 54 countries. After a competitive […]
Ecobank boss tours AMG’s ultra-modern factory
Managing Director of AMG, Ernest Akwasi Appiah The largest locally owned manufacturer and distributor of fertilizers in the country, Agricultural Manufacturing Group (AMG) is positioning itself to expand its operations and compete globally by exporting more of its products. The company which is currently exporting 45-50 percent of their products to neighboring countries want to […]
Bankers must worship integrity, ethics — Patricia Sappor
Mrs Patricia Sappor, President of the Chartered Institute of Bankers (CIB) Ghana The President of the Chartered Institute of Bankers (CIB) Ghana, Reverend Mrs Patricia Sappor, has advised bankers and other employees in the banking sector to guard their integrity and the ethics of the profession jealously. She said that was needed to help build […]
Ecobank Ghana records “sterling performance”
Ecobank Transnational Incorporated (ETI), Ecobank Ghana has earned a record total revenue of GHC1.58 billion and profit before tax of GHC642.4 million, marking a growth of 21 percent and 27 percent respectively over the prior-year figures. The Bank’s operating expenses were well controlled within inflationary levels with a resultant reduction in cost-to-income ratio from 51.5per […]
Ecobank Ghana announces GH¢642m profit after tax for 2019
Ecobank Ghana has earned a record total revenue of GH¢1.58 billion and profit before tax of GH¢642.4 million, marking a growth of 21 percent and 27 percent respectively over the prior-year figures. The Bank’s operating expenses were well controlled within inflationary levels with a resultant reduction in cost-to-income ratio from 51.5per cent in 2018 to […]
Ecobank Announces Fintech Challenge Finalists
The Ecobank Group has announced finalists from the 2020 Ecobank Fintech Challenge. The challenge, in its third edition, is designed to deepen collaboration between Ecobank and Fintechs with Africa focused products. The 10 finalists Fintechs from seven different countries, who emerged from a competitive pool of over 600 fintechs, would participate in an online Finale […]
Ecobank Nigeria unveils Business Banking App Omni Lite App
Ecobank Nigeria has launched an Application for Businesses. Known as Omni Lite App, it is targeted at enhancing the banking experience of its large pool of Commercial Banking customers. The Ecobank Omni Lite App is a highly secure, world-class and integrated electronic banking platform designed to help Clients manage their Business accounts online in a […]