According to the research report, GCB Bank and Ecobank Ghana continue to dominate the sector, controlling almost a quarter of the industry’s deposits. The report noted that GCB Bank controlled about 11% in terms of deposits, while Ecobank Ghana led the pack with 12.4%. The Tesha Capital research analysis explained further that what has helped […]
Tag: ecobank
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
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 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 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 […]
BOC Gases appoints Segun-Alabi Company Secretary
By Itohan Abara-Laserian Lagos, July 8, 2021 BOC Gases Nigeria Plc has notified the Nigerian Exchange Limited (NGX) of the appointment of Mrs Aderonke Segun-Alabi as Company Secretary. This is contained in a notice posted on the website of the NGX signed by Mr Adeshina Alayaki, Financial Director of the company, on Thursday in Lagos. […]
Ecobank launches empowerment programme for female entrepreneurs
Ecobank Nigeria has launched a programme to reduce gender inequality in entrepreneurship and aid equal representation for women in the formal business sector. The launch of the gender-based proposition for women-owned businesses, called ‘Ellevate’, in Lagos was attended by female entrepreneurs. Speaking at the event, the Managing Director, Ecobank Nigeria, Patrick Akinwuntan, said the objective […]
United Bank For Africa Sues Energy Firm, Polaris Bank Over N2.8 Billion
A Federal High Court sitting in Lagos has restrained Integrated Energy Distribution and Marketing Company Ltd and Polaris Bank from tampering, howsoever, with funds standing to their credit up to $6,759,000 (about N2.8 billion) or its equivalent in any currency in 25 banks, the Debt Management Office and Federal Ministry of Finance. Justice Daniel Osiaigor, […]
Ecobank Named ‘SME Bank of the Year’
The Ecobank Group has been adjudged as the ‘African Banker’s 2021 African SME Bank of the Year.’ A statement explained that Ecobank beat a host of other banks in the African Banker Awards 2021 to take home the SME Award in a 2020 tumultuous year characterised by the Covid-19 pandemic which continues to ravage many […]
Ecobank Ghana presents a dividend of GHS28.8 million to SSNIT
Ecobank Ghana, one of the investments of the Social Security and National Insurance Trust (SSNIT), has presented a dividend of GHS28.8 million for the year 2020 to the Trust. This represents an increase of 83 per cent over the 2019 dividend payment of GH¢15.7 million. Mr. Daniel Sackey, the Managing Director of Ecobank Ghana, presenting […]