Tag archive for ‘Ecobank’
By Dipo Olowookere On Thursday, May 25th, 2017

Ecobank, Mastercard Score High in Innovative Banking

By Dipo Olowookere For their drive in innovative banking in Africa, two leaders in their sectors, Ecobank Group and MasterCard, have been honoured at the 2017 African Banker Awards. Both firms were announced as More...

By Dipo Olowookere On Friday, April 28th, 2017

Ecobank Merges 74 Branches to Drive Digital Strategy

By Dipo Olowookere The digital transformation agenda of Ecobank Nigeria limited aimed at enabling its customers depend more on its digital platforms to do their daily banking activities, thereby reducing the need More...

By Modupe Gbadeyanka On Thursday, April 27th, 2017

Ecobank Bounces Back, Nets N18.7b as Profit in Q1 2017

By Modupe Gbadeyanka As part of its re-engineering effort and coming from a loss position in 2016, Ecobank Transnational Incorporated (ETI) has announced 15 percent increase in profit after tax to N18.7 billion More...

By Modupe Gbadeyanka On Saturday, April 1st, 2017

Ecobank Announces Delay in Filing 2016 FY Results

By Modupe Gbadeyanka Ecobank Transnational Incorporated (ETI), the parent body of Ecobank, has explained why it has delayed announcing its results for the year ended December 31, 2016 like other firms have done. According More...

By Modupe Gbadeyanka On Wednesday, March 1st, 2017

Nedbank Slashes Value of Ecobank Stake Amid Poor Results

By Modupe Gbadeyanka Nedbank has reduced its stake in the sub-Saharan financial institution, Ecobank from 4 billion rand ($308 million) from 7.8 billion rand, the South African lender said in a statement issued More...

By Dipo Olowookere On Wednesday, March 1st, 2017

Nedbank Expresses Confidence in Ecobank

By Dipo Olowookere South Africa’s Nedbank booked a $293 million write-down on the value of its stake in sub-Saharan lender Ecobank Transnational Incorporation (ETI) on Tuesday and reported its slowest growth More...

By Dipo Olowookere On Tuesday, February 14th, 2017

Afreximbank, Ecobank to Inject $500m into African Trade

By Dipo Olowookere The African Export-Import Bank (Afreximbank) and Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group have signed a memorandum of understanding (MOU) to promote joint More...

By Modupe Gbadeyanka On Sunday, February 12th, 2017

Ecobank Boss Targets 100m Customers by 2020

By Modupe Gbadeyanka Chief Executive Officer of Ecobank Transnational, Mr Ade Adeyemi, has disclosed that the bank plans to increase its customers to 100 million by 2020 from 10 million now. According to the boss More...

By Dipo Olowookere On Sunday, January 29th, 2017

Ecobank Recruits Fleet Managers for Lagos Operations

By Dipo Olowookere Three fleet management companies have been enlisted by Ecobank Nigeria to handle its transport services on Pay As You Go basis for its Lagos operations. The partnering companies include Uber, More...

By Modupe Gbadeyanka On Friday, January 27th, 2017

Eveline Tall Daouda Quits Ecobank as Deputy CEO

By Modupe Gbadeyanka The exit of Ms Eveline Tall Daouda from Ecobank as the Deputy Chief Executive Officer has been announced. Ms Daouda is proceeding on an early retirement on Tuesday, January 31, 2017 after spending More...

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