Source: Ecobank |

UPDATE: Arise B.V becomes a shareholder of reference in Ecobank Transnational Incorporated

Arise has become a shareholder of reference in Ecobank Transnational Incorporated (ETI) with a c.14.1 percent stake

Ecobank Transnational Incorporated (“ETI”) (https://Ecobank.com) announces that IFC and the funds managed by the IFC Asset Management Company (“AMC”) have completed the sale of their c.14.1 percent stake in ETI to Arise B.V. (“Arise”). Accordingly, Arise has become a shareholder of reference in ETI with a c.14.1 percent stake. J.…

Source: Ecobank |

Ecobank Transnational Incorporated Announces New Appointment – Group Consumer Banking Head

Nana Araba Abban held several senior positions with Standard Chartered Bank, Royal Bank of Scotland and other institutions

Ecobank Transnational Incorporated, ETI (https://Ecobank.com), the Lomé-based parent company of the Ecobank Group, announce appointment of Nana Araba Abban as Group Consumer Banking Head with immediate effect.   Nana will be a member of the Group Executive Committee and report directly to the Group Chief Executive Officer. Nana Araba Abban is…

Source: Ecobank |

Ecobank Transnational Incorporated announces the appointment of Ayo Adepoju as Group Chief Financial Officer

Ayo Adepoju was appointed as the Acting Group Chief Financial Officer in April 2019

Ecobank Transnational Incorporated, ETI (https://Ecobank.com), the Lomé-based parent company of the Ecobank Group, announces that Ayo Adepoju has been appointed as Group Chief Financial Officer, with immediate effect. As a member of the Group Executive Committee, he will report directly to the Group Chief Executive Officer. Ayo Adepoju was appointed…

Ecobank
Source: Ecobank |

Ecobank hosted by London Stock Exchange after successful $500 million Eurobond issuance

The bond was oversubscribed with strong demand from international investors in the United Kingdom, United States, Europe, Middle East, Asia and Africa

Following its successful $500 million Eurobond issuance, Ecobank Transnational Incorporated (‘ETI’) (www.Ecobank.com), the Lomé-based parent company of the Ecobank Group, was hosted by the London Stock Exchange to a market opening ceremony to celebrate the successful listing of the Eurobond on the London Stock Exchange (LSE) main market. The bond…

Source: Ecobank |

Samuel Ashitey Adjei, MD of Ecobank Kenya and Regional Executive of Central, Eastern and Southern Africa (CESA), retires after 29 years of outstanding service to Ecobank

Cheick Travaly, Current Regional Chief Operating Officer for Central, Eastern and Southern Africa (CESA), appointed as successor

Ecobank Transnational Incorporated, (‘ETI’), (www.Ecobank.com) the Lomé-based parent company of the Ecobank Group, announces the retirement of Samuel Ashitey Adjei, Managing Director of its affiliate Ecobank Kenya and Regional Executive, for Central, Eastern and Southern Africa (CESA), after 29 years of outstanding service for Ecobank.  Mr. Adjei, who formally retires on 29thApril 2019, will…

Source: Ecobank |

Shareholders hear Ecobank set for long-term sustainable growth as they approve all resolutions at 31st Annual General Meeting (AGM) in Lomé, Togo

The 31st AGM also provided a platform for the bank to demonstrate its commitment to promoting positive environmental and social change

Ecobank (www.Ecobank.com) leads the way as technology changes the traditional bank model; Reaffirms commitment to corporate sustainability. Ecobank Transnational Incorporated (“Ecobank”), parent of the Ecobank Group, the leading pan-African bank with operations in 36 countries across the continent, concluded its 31st Annual General Meeting in Lomé, Togo, today. Ecobank Group…

Source: Ecobank |

Ecobank Transnational Incorporated debut $450 million Eurobond oversubscribed

The proceeds will be used for Ecobank Transnational Incorporated (ETI)’s general corporate purposes and to refinance existing Holdco obligations

Ecobank Transnational Incorporated, ETI (www.Ecobank.com), the Lomé-based parent company of the Ecobank Group, is pleased to announce that it has successfully raised $450 million in its debut Eurobond which was oversubscribed. The Global Offering is a 5-year unsecured note (144A/RegS) listed on the main market of the London Stock Exchange. The bond matures in…

Source: Ecobank |

Ecobank Transnational Incorporated responds to Wrongful Allegations in some Media Publications

We want to use this medium to allay the fears of any of our shareholders, creditors, and other stakeholders resulting from the unfounded allegation contained in the said publications

The attention of the ETI Group has been drawn to recent publications in some online media alleging overstatement of ETI’s balance sheet and income statements emanating from incorrect exchange rates in translating the financial statements of our affiliate entities, especially Nigeria. We want to use this medium to allay the…

Source: Ecobank |

Ecobank, the Pan African Bank, appoints MFS Africa Ltd as Digital payment partner

The customers of Ecobank, the Pan-African Banking Group in 33 African countries, can now transact with over 170 million mobile wallets across the continent

Ecobank (www.Ecobank.com) The Pan-African bank announced today the appointment of MFS Africa (www.MFSAfrica.com) as Digital payment partner enabling cross-platform payment services for Ecobank account holders. The partnership allows Ecobank customers to send and receive money to and from over 170 million mobile money users through an integration with MFS Africa…

Source: Ecobank |

Ecobank’s staff volunteer and fundraise to help orphanages on the 6th Ecobank Day

In Lomé, where Ecobank is headquartered, the bank is supporting a local SOS Children’s Villages orphanage, where more than 100 orphans between 8 and 15 years live

Ecobank (Ecobank.com) employees and management in each of the pan-African bank’s 33 affiliate countries have again displayed their social conscience, care and commitment to the local communities in which they operate by giving up their free time for a day to volunteer and fundraise. Saturday November 17th was the sixth…