Tag Archives: Ecobank

Ecobank Nigeria Ltd, an affiliate of Ecobank Transnational Incorporated (ETI), the leading financial services group in sub-Saharan Africa has entered into partnership with a leading microfinance bank in Nigeria, Accion Microfinance Bank to introduce Western Union Money Transfer Remittance services at some locations of the microfinance bank. This collaboration will enable Accion Microfinance Bank customers in the selected branches have …

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South Africa’s Nedbank booked a $293 million writedown on the value of its west African associate Ecobank on Tuesday, and reported its slowest growth in annual profit since 2009. Ecobank’s operations in central and west Africa have been exposed to economies pressured by the sharp slide in commodity prices and unfavourable currency swings. The writedown reduces Ecobank’s carrying value to …

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The Deputy Managing Director, Ecobank Nigeria, Tony Okpanachi, has said the introduction of various innovative electronic payment platforms by the bank is in line with its deliberate policy to provide seamless and innovative services to customers and banking public. According to him, the e–payment system will further engender the financial inclusion strategy of the Central Bank of Nigeria (CBN) and …

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Left: Akindeji-Oladeji Emelda; Godwin Eton;  Olukorede Demola-Adeniyi;  James Oriola, Oluwakemi Agunloye and Sunday Olaleye, all of Personal Banking, Ecobank Nigeria, during the unveiling of Ecobank Advantage Banking Lounge in Idi-Ape, Ibadan, Oyo State at the weekend

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Ecobank Nigeria has enlisted the services of three fleet management companies to handle its transport services on Pay As You Go basis for its Lagos operations. The partnering companies include Uber, AA Rescue, and Car4U. Under the new arrangement, the Bank has concessioned its pool car services and its erstwhile outsourced drivers numbering about 300 are taking possession of the …

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Microsoft, the leading platform and productivity company for the mobile”first, cloud”first world and Ecobank Transnational Incorporated, parent company of pan”African banking group Ecobank today signed a memorandum of understanding (MOU) to complement African governments’ efforts to modernise and raise the standards of the continent’s major cities through state of the art digital solutions. The MOU will see the modernisation of …

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The Deputy Managing Director, Ecobank Nigeria, Tony Okpanachi has expressed delight over the level of acceptability and wide patronage of Ecobank MasterPass QR, an innovative global digital payment solution recently introduced into the nation’s financial landscape by the Bank. It would be recalled that Ecobank was the first financial institution in the country to introduce Masterpass QR. According to Mr …

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Ecobank Nigeria has commissioned an agency banking outlet at Airtel express shop in Mowe Ofada, Ogun state. This is in line with the Bank’s determination to convert Airtel franchise locations to Agent banking locations. Members of the public can now carry out their financial transactions such as Cash-in; Cash-out; Transfers to Ecobank and other banks, bill payments and Rapid transfer …

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The Managing Director, Ecobank Nigeria, Charles Kie has said the bank is on the path of attaining market leadership in the country. According to him, “with our bank wide transformation efforts especially electronic payment solutions and strategy designed to boost long-term productivity of our core businesses, we are confident these efforts will position us for strong growth over the next …

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