Ecobank Transnational Incorporated Holds Its 32nd AGM And Shareholders Approve Resolutions

Ecobank Transnational Incorporated (“ETI”), the parent of the Ecobank Group, the leading pan-African bank with banking operations in 33 countries, concluded its 32nd Annual General Meeting (AGM) & Extraordinary General Meeting in Lagos, Nigeria, Tuesday, For the first time in the history of ETI and in line with preventive measures to curb the spread of COVID-19, attendance at the General Meetings was mainly by proxies in accordance with the Articles of Association of the Company.

Ecobank’s Shareholders Approve $400 m Convertible Bond Issue to Strengthen Group’s Capital Position

Shareholders of Ecobank Transnational Incorporated (‘ETI’), the parent company of the Ecobank Group, (‘Ecobank’ or ‘the Group’), has approved the issue of up to $400 million in convertible bonds to strengthen the bank’s operations. The convertible bond issue will have a maturity of 5 years and a coupon of 6.46% above 3-month LIBOR, with an […]