By Adedapo Adesanya The National Association of Petroleum Explorationists (NAPE) has called for the creation of a Special Energy Bank to finance petroleum exploration activities in the country. This call was made by the president of the association, Mrs Patricia Ochogbu, during a panel session at the Association of Energy Correspondents of Nigeria (NAEC) 2021 […]
Tag: ecobank
How Tanzania’s mid-level banks fared in 2021 first three quarters
Dar es Salaam. Middle-level commercial banks are increasingly taking a cautious approach to lending as they seek to raise profits while reducing Non-Performing Loans (NPLs) – and to align with the regulator’s requirements. A close look at recently-released financial statements for 13 commercial banks which have assets of between Sh100 billion and Sh900 billion indicates […]
Tanzania: How Tanzania’s Mid-Level Banks Fared in 2021 First Three Quarters
Dar es Salaam — Middle-level commercial banks are increasingly taking a cautious approach to lending as they seek to raise profits while reducing Non-Performing Loans (NPLs) – and to align with the regulator’s requirements. A close look at recently-released financial statements for 13 commercial banks which have assets of between Sh100 billion and Sh900 billion […]
Ellevate By Ecobank Continues to Soar High, As Ecobank Wins Excellence In SME Banking’ Award
Proshare Nigeria Pvt. Ltd. The Ecobank Group , the leading pan-African banking group, has won two awards with its Ellevate Programme. The Financial Alliance for Women honoured Ecobank with its ‘Impact Award’, recognising Ecobank’s work in supporting women-owned and women-focused businesses across the continent. Ellevate by Ecobank also won the ‘Best New Product Launch of […]
Sanwo-Olu unveils Ecobank Pan African Centre
Lagos State Governor, Babajide Sanwo-Olu has said the new ultra-modern Ecobank Nigeria head office, the Ecobank Pan African Centre (EPAC) has a strong connection that will enhance the state’s Smart City Project and modernize infrastructure within the metropolis. The governor who was speaking during the commissioning of the office complex in Lagos lauded the management […]
Kenyan home solar provider receives international backing
A quartet of international finance organisations have provided the latest backing to the African home solar market. A group of development finance institutions (DFIs) and commercial banks have got together to finance a provider of home solar power in Kenya. Greenlight Planet Kenya provides off-grid solar power to communities throughout the country and hopes to […]
Ecobank profit grows 27.2% to ¢464.3m in quarter 3, 2021
Dan Sackey is the Managing Director of Ecobank Ghana Pan African bank, Ecobank Ghana recorded 27.2% year-on-year growth in profit to ¢464.3 million, as it consolidated its gains as the number one bank in the country. According to its 3rd Quarter Financial Statement, non-funded income contributed significantly to its ‘bottom line’ as growth was up […]
New Vice-Chancellor appeals to Akufo-Addo to help clear UG’s loans
The Vice-Chancellor of the University of Ghana, Prof. Nana Aba Appiah Amfo, has appealed to government to pay off its debt to some six banks over the construction of four residential halls on its campus. The University of Ghana, in 2008, contracted a syndicated ¢43 million loan facility from six banks, including Cal Bank. The […]
Ecobank Pan African Centre (EPAC) opens in Lagos
Ecobank Nigeria has concluded arrangement to commission its new head office building, the Ecobank Pan-African Centre (“EPAC”). The ultra-modern edifice situated along Ozumba Mbadiwe Road on the highbrow Victoria Island, Lagos will be commissioned by the Executive Governor of Lagos State, Mr. Babajide Sanwo-Olu, alongside other dignitaries, including the Governor of the Central Bank of […]
FEATURED: Ecobank donates Rwf5 million to charity home
Photos: Igihe Ecobank Rwanda has on Tuesday, October 26 celebrated the Ecobank day with a donation of Rwf 5 million to Inshuti Zacu centre that caters for children with mental and physical disabilities. Ecobank day is the bank’s annual corporate and social responsibility event to give back to the local communities in Rwanda. This year’s […]