The GSE Composite Index was up 48.10 points (+2.20%), advancing for the sixth consecutive session due to gains in three banking and telecom counters to close at 2,236.47 with a -13.05% year-to-date return while market capitalization increased by 0.88% to settle at GH¢56.74 billion. Financial stocks were among the best performers on the day. The […]
Tag: ecobank
1 million waste bin project launched in Accra
Dr Joseph Siaw Agyepong, CEO of Jospong Group Universal Plastic Products and Recycling(UPPR) Ghana Limited in collaboration with Ecobank Ghana Limited and the Environment Service Providers Association has launched a 1 million Waste Bin project aimed at reducing "indiscriminate disposal" of waste in Ghana. The launch which took place at the headquarters of ECOBANK GHANA […]
Nigeria: ‘Technology Pivotal to Economic Growth’
Experts have stressed the need to embrace technology advancement, saying it is essential for economic and personal growth. Also, Alliance Law firm has released an ‘Ease of business in Nigeria manual,’ to guide businesses both local and international on how best to conduct businesses in the country. This was disclosed at an annual lecture series […]
Ecobank signs up UNEP FI principles
Ecobank signs up to The United Nations Environment Programme’s Finance Initiative (UNEP FI) Principles for Responsible Banking The Principles aim to create a financial sector that serves people and the planet while delivering positive impacts and improving people’s quality of life Ecobank Transnational Incorporated ( ETI) ( Ecobank.com ) is delighted to announce that it […]
Deepak Malik joins Ecobank Transnational Incorporated Board of Directors
ETI also announces that Mr. Monish Dutt, who was nominated by IFC, has resigned as a Director of ETI and the Board of ETI expresses its gratitude to him for his contributions to ETI while in office. Image Credit: Wikimedia Mr. Deepak Malik has been co-opted to the Board of Ecobank Transnational Incorporated (ETI) (Ecobank.com), […]
Ecobank Group appoints Jacqueline Mpare to head Agency Banking
Ecobank has announced the appointment of Jacqueline Mpare as the Head, Agency Banking for the Group. Her appointment takes effect on December 1, 2019 and she is expected to report to the Group Head, Agency Banking and Remittances Distribution. Jacqueline is expected to lead the development of Agency Networking across the Ecobank Group network. She […]
Tanzania: AfDB Invests U.S.$ 50 Million in African Infrastructure Projects
Johannesburg — THE African Development Bank has invested 50 million US dollars into Africa Finance Corporation equity to strengthen partnership in financing infrastructure development projects in Africa. The Bank Group’s investment in AFC will enable both institutions to accelerate infrastructure development and delivery on the continent by deepening co-financing opportunities, joint implementation, knowledge transfer and […]
Security outfit clears self over fraud in banking hall
Afeez Hanafi A private security outfit, Hogan Guards Limited, has absolved itself of negligence over a fraud that occurred inside the banking hall of Fidelity Bank branch at Lagos Trade Fair Market. The outfit said it was not aware the incident happened at the bank which it provided security for, until it was published in […]
ETI: Walking A Tight Rope; Earnings Down As Continental Headwinds Persist
Ecobank Transnational Incorporated (ETI) has had a mixed season in 2019, an apparent fallout from operational challenges endured in 2018. The bank has sorted out the problems associated with its interpretation of the International Financial Reporting Standard (IFRS) rule 9 concerning the treatment of its impaired loans and it has, fortunately, adopted the use of […]
Ghana: Be Critical, Reflective Thinkers – Headmistress Tells Students
The Achimota School has held its 92nd Speech and Prize-giving Day in Accra on Saturday, with a call on students to be critical and reflective thinkers. The event which was sponsored by the 1994 year group of the school was held under the theme "Re-enforcing critical thinking skills in Pre-tertiary institutions: The role of the […]