Ecobank Ghana and Enterprise Trustees have signed a partnership agreement to make meaningful contribution towards helping pension contributors acquire affordable homes. The partnership also seeks to offer customers of both institutions a whole new experience with unending benefits. Speaking at the signing ceremony, Managing Director of Ecobank Ghana, Dan Sackey said the partnership will enable […]
Tag: ecobank
Ecobank Ghana presents dividend of GH¢28.8m to SSNIT
Ecobank Ghana, one of the investments of the Social Security and National Insurance Trust (SSNIT), has presented a dividend of GH¢28.8 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 […]
Ecobank presents GH¢28.8 million dividends to SSNIT for 2020
The Trust’s investments in banks stood at GH¢1.76 billion as of December 2020 • Ecobank has presented GH¢28.8 million dividends to SSNIT for the 2020 year despite the impact of COVID-19 on banks • The Trust’s investments in banks stood at GH¢1.76 billion as of December 2020 • With 16.21% shares, SSNIT is the second-largest […]
Ecobank Nigeria appoints independent non-Executive Directors
The Board of Ecobank Nigeria has announced the appointment of three independent non-executive directors. The highly experienced professionals who have distinguished themselves in their various careers, include Taba Peterside, Yusuf Suleiman and Alhaji Abu Idris. Taba Peterside has over 33 years’ experience in the Nigerian and International banking, financial services and the capital markets. She […]
Ecobank Ghana records GH¢549m profit in 2020
The Ecobank Ghana PLC recorded a net profit of GH¢549.8 million in 2020 as against GH¢444.9 million in 2019, representing an increase of 24 per cent. Customer deposits also rose from GH¢99.7 billion in 2019 to GH¢11.8 billion, an increase of 21 per cent. Mr Terence Ronald Darko, the Board Chairman of the Bank, disclosed […]
Hubtel launches Ghana’s first ever self-service myGhQR.com portal
Ghana’s direct bank-to-any-account contactless payment service myGhQR.com has been officially launched by leading payments service provider, Hubtel , in collaboration with Ghana Interbank Payments and Settlement Systems (GhIPPS). myGhQR.com is Ghana’s first-ever self-service portal to enable direct bank-to-bank transfers. The service eliminates the need of paying in cheques or using a POS card machine or […]
Isaac Adongo got his math, finance wrong on Databank, Black Star firms – MoF
A statement issued by the Ministry on June 1, 2021 in reaction to claims by Bolgatanga Central MP Isaac Adongo that Databank and Black Star Brokerage, owned by the Minister of Finance, Mr Ken Ofori-Atta and Minister of State-designate at the Finance Ministry, Mr Charles Adu-Boahen, respectively, have been appointed advisors to the Ministry, said […]
Standard Bank emerges tops in Africa
Standard Bank Group was last week named African Bank of the Year by a leading publication in recognition of the banking giant’s achievements in fighting the Covid-19 pandemic and empowering women. African Banker magazine announced the winners of its 2021 Awards at a virtual ceremony held on the side-lines of the African Development Bank’s 2021 […]
Nigeria: 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, Ogunba didn’t abuse court process, Appeal Court tells Honeywell
The Court of Appeal in Lagos has held that Ecobank Nigeria Limited and its counsel Mr Kunle Ogunba (SAN) did not abuse the court process in the bank’s debt recovery suit against Honeywell Group Limited. Honeywell had petitioned the Legal Practitioners Privileges Committee (LPPC), accusing Ogunba of filing a multiplicity of suits before different judges […]