Ecobank dismisses reports of GHC4m judgment debt against the bank Ecobank Ghana has dismissed reports of an attempted seizure of its assets over a debt the bank owes a private entity. A report by Citinewsroom said the bank prevented the seizure of its assets on Tuesday, July 21, 2020 over fraud related to a loan. […]
Ecobank Ecobank Nigeria has restated its commitment to the Agricultural sector and is supporting over 70,000 farmers with special loans to increase their capacity and yields during this planting season. This is one of the bank’s initiatives to promote entrepreneurship in the sector and is in support of the Central Bank of Nigeria’s Anchor Borrowers […]
Proshare Nigeria Pvt. Ltd. The leading pan-African banking group, Ecobank, has won the coveted prize of Africa’s Best Bank for Corporate Responsibility in the Euromoney Awards for Excellence 2020. Euromoney recognises Ecobank’s focus on sustainability and partnerships and its core capabilities in delivering positive social and environmental outcomes across Africa. Carl Manlan, Chief Operating Officer […]
In a statement last week, the Lome (Togo) based bank said Euromoney recognises its focus on sustainability and partnerships and its core capabilities in delivering positive social and environmental outcomes across Africa. “At Ecobank we leverage human capabilities and other core resources to partner for African transformation. We are passionate about co-designing partnerships to drive […]
The Group CEO of Ecobank Transnational Incorporated (ETI), Ade Adeyemi, said Nigeria is not only the pan-African bank’s biggest market. Instead, “Nigeria is our biggest opportunity,” he told business journalists during a virtual press conference that was held, yesterday, to introduce the company’s new Chairman, Alain Nkontchou. Adeyemi’s clarification was in response to a particularly […]
Ighomuaye Lucky, Benin Aggrieved Ecobank Outsourced Staff, Benin, yesterday, commended the National Union of Banks, Insurance and Financial Institutions, (NUBIFIE), for wading into the issues of alleged salary arrears and welfare of staff by their employers. The leader of the aggrieved Outsourced staff, Paulic Jesuorode Okonikhere, in a press statement signed and made available to […]
Ecobank Reports Profit Before Tax of $170 million Diluted EPS of $0.0036 and Tangible Book Value Per Share (TBVPS)1 of $0.048 Ade Ayeyemi, Group CEO said: "I am pleased with our diversified business model and the investments that we have made in people, systems, and processes. These have enabled us to serve our customers and […]
The vice president has hailed the remarkable display of patriotism by Ghanaians in partnering with the government to realise the dream of building the nation’s first Infectious Diseases Centre Dr. Mahamudu Bawumia commissioned the 100-bed hospital in Accra, which was built to cater for infectious disease, following the outbreak of the Coronavirus pandemic earlier this […]
Prosecutors here are challenging a criminal appearance bond filed by commercial bank Afriland First Bank as a surety in the ongoing trial of several persons and banking institutions for their roles in an economic sabotage case being pursued by two Czech Republican brothers Pavel and Martin Miloschewsky. The defendants including Senate Secretary Nanborlor F. Singbeh […]
West Africa’s major banks could suffer a spike in loan defaults as lower oil prices and the acute economic impact of the coronavirus pandemic hits the region, analysts said. In Nigeria, Africa’s biggest oil producer and fourth-largest banking sector by assets, lenders are heavily exposed to the energy sector. Lending to oil and gas companies […]
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