CATEGORY: ECOBANK

Brief: Ecobank’s 2016 FY Results

Ecobank today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY 2016| N506,166...



Notice to Ecobank Transnational Incorporated (ETI) Preference Shareholders

  In line with the Terms on Conversion of Preference shares recommended to Oceanic shareholders by the Oceanic Board...




Ecobank Appoints New MD And Regional Executive For Anglophone West Africa

Ecobank Transnational Incorporated (ETI) have announced the appointment of Mr. Dan Sackey as Managing Director of its Ghanaian subsidiary,...


Reports: Most of The 1000 Sacked Ecobank Staff Are From Former Oceanic Bank

Reports reaching Nairametrics suggest Ecobank may have sacked 1000 staff. Media reports suggest 1,040 staff were affected but we...


Ecobank First Quarter Results Shows Lender Is Not Growing

The first quarter financial results of Ecobank Transnational Inc., Africa’s most geographically diverse lender shows the lender is not...


Rising Impairment Charges Dealt A Blow On Ecobank

Rising or spiraling impairment charges has dealt a serious blow on Ecobank Transnational Inc., as the Africa’s most geographically...


Laurence do Rego: Meet Ecobank’s New Group Executive of Commercial Banking Business

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has announced the appointment of Mrs. Laurence do Rego...


Ecobank (ETI) Issues Profit Warning

Ecobank Plc just became the fourth bank to issue a Profit Warning. See full excerpt below; You can also...


Ecobank Transnational Incorporated Appoints Samuel Adjei As MD Of Its Combined Region

Ecobank Transnational Incorporated (ETI) has announced in a press release, that Mr. Samuel Ashitey Adjei, the current Managing Director...


Minor Board Changes In Ecobank Nigeria

Ecobank Transnational Incorporated, late Wednesday, announced minor board changes in its largest subsidiary, Ecobank Nigeria Limited. In the changes,...


Why This South African Company Sold Its Stake in EcoBank

South African owned Insurance Giant Old Mutual has sold its stake in Nigerian-listed Ecobank Transnational Ltd. to close its...


Nigerian Agricultural Sector To Receive N84bn Boost

The Nigerian agricultural sector will receive a N84 billion boost with liquidity pumped into the industry. According to reports,...


This State has Just Been Ordered To Settle Ecobank’s N3.1bn Facility

Justice Okon Abang of a Federal High Court, Lagos, on Wednesday ordered Zamfara Government to pay Ecobank Nigeria N3.1...


Ecobank Secures $285 million One Year Facility

Ecobank Transnational Incorporated (‘’ETI’’)  notified The Nigerian Stock Exchange that it has received a one-year senior unsecured loan facility...


Find Out Why Ecobank Was Ordered To Pay Skye Bank N629m

Ecobank Plc has been ordered to make good its obligation under the Advance Payment Guarantee No ENG/PH/GO394A as security...


Pan-African Lender, Ecobank H1 Pretax Profit Up 47%

Ecobank posted a 47.4 percent jump in half year pretax profit to 61.41 billion naira ($309 million) versus the...


[Official] Ecobank adds 1.25billion new ordinary shares to its shareholdings

Ecobank has issued the following press release regarding its outstanding shares; A total of 1,250,000,000 ordinary shares of US$0.025...


Ecobank names new CEO

Ecobank Transnational Incorporated has named Ade Ayeyemi as its new group chief executive. Nigerian Ayeyemi, currently head of Citigroup’s...