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ECOBANK GROUP
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, today confirmed the execution of a purchase...
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced a strategic agreement to divest its entire stake in Ecobank Mozambique S.A. (EMZ) to FDH Bank Plc, a leading financial institution listed on the Malawi Stock Exchange.
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced the early retirement of its Group Chief Risk Officer, Chinedu Ikwudinma, after three years in the role.
As Ecobank Group continues to navigate the complexities of the African banking landscape, its Nigerian operations are increasingly becoming a point of concern, consistently lagging behind the Group’s other regions in terms of performance.
Ecobank Group strengthens leadership team with strategic top-level appointments.
Its Omni Lite channel recorded transactions valued at $4.1 billion
ETI redeemed the debt at 110% of the principal amount, in line with the terms of the convertible debt agreements
Ecobank Group has reported 24% growth in unaudited H1 2022 profit before tax to $261 million from $210 million posted the prior-year period.
Nigerian lender, Ecobank Group has announced the appointment of Mr Chinedu Ikwudinma as Group Executive and Group Chief...
Summary of the report showed that gross earnings was stable at N841.1 billion from N842.5 in 2019.
The agreement brings the strengths and assets of both organisations to offer money transfer services to Africans in the diaspora.
Ecobank priced its $300 million bond issuance maturing in February 2026, with settlement of the bond to take place on 16 February 2021.