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: XGHA_EGH
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 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 […]
Ecobank partners Enterprise Trustees to help pension contributors acquire affordable homes
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 […]
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 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 […]