Tag Archives: Ecobank

Ecobank Transnational Incorporated (ETI) has released its Q1, unaudited results for the period ended March 31st, 2021 showing remarkable performance in all the key financial indices. The Pan African bank recorded a profit Before Tax (PBT) of N40.3 billion, representing 22% increase over the N33 billion reported at the same ...

Fitch Ratings has assigned Ecobank Nigeria Limited (ENG) a Long-Term Issuer Default Rating (IDR) of ‘B-‘ with a Stable Outlook, Viability Rating (VR) of ‘b-‘ and National Long-Term Rating of ‘BBB (nga)’. The report, released Thursday, noted that Ecobank Nigeria IDRs are driven by its standalone creditworthiness, as expressed by ...

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the bank’s newly sourced N50 billion credit will be deployed to support Micro, Small and medium scale enterprises (MSMEs) and small corporates in the country. He pointed out that the bank recognizes MSMEs as the drivers of post COVID-19 economic recovery ...

The Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, has affirmed that the pan-African banking group is facilitating smooth and instant payments across Africa as countries start the implementation of the African Continental Free Trade Area Agreement (AfCFTA). Ayeyemi who made this assertion during an interview with the ...

All is set for the digital financial inclusion summit as Ecobank Nigeria, in partnership with Vanguard Economic Forum Series, convenes top minds in the industry on a discussion centering around Digital Financial Inclusion. The virtual summit is slated for 8th of December, 2020.  The Speakers and panelists who are subject ...

Ecobank Nigeria has emerged the winner of “Agric Lender of the Year” award at the prestigious Business Day’s Bank and other Financial Institutions Awards (BAFI). The bank was winner among other strong contenders to clinch the coveted award over the weekend.  According to Publisher of Business Day Newspapers, organisers of ...

Ecobank Nigeria has launched Smart Small And Medium Enterprise (SME) Agency Banking campaign targeted at empowering 100,000 entrepreneurs under the Ecobank SME and Agency Banking proposition. Emeka Agada, Head of SME, Ecobank Nigeria, said the initiative was introduced in line with the bank’s commitment to support the Federal Government and ...