Ecobank Commercial Banking Customers Trade Forum

Ecobank announces 12% increase in profit

Ecobank Transnational Incorporated (ETI) on Wednesday announced 12 per cent increase in profit for the nine months ended September 30, 2017 to N57.95 billion from N51.76 billion in nine months ended September 30, 2016. The pan-African financial institution profit before tax also rose by marginally by three per cent to N69.4 billion as against N67.5 […]

N8b CBN scam: How N8.3m was substituted with paper, by Ecobank staff

Mr Omotayo Sowunmi, a witness in the  alleged N8 billion Central Bank of Nigeria (CBN) currency scam case, on Wednesday said that the apex bank  lost N8.3 million in a single box meant to contain N10 million. Testifying before Justice Nathaniel Ayo-Emmanuel of the Federal High Court, Ibadan, Sowunmi, a staff of Ecobank, said he was present […]

Chief Executive Officer, ETI, Ade Ayeyemi

Ecobank CEO advocates Credit Guarantee Schemes to encourage lending to Nigerian MSME’s

The Chief Executive Officer of Ecobank Transnational Incorporated, Ade Ayeyemi, is calling for the Nigerian Government to introduce Credit Guarantee Schemes for Micro, Small and Medium Enterprises (MSME) as a measure to hedge their risk. Reiterating that MSME’s are a fundamental part of the economic fabric in Nigeria and the wider continent and therefore play a […]

CSR: Ecobank donates to Benue IDPs

Photo Caption: From Left: Customer Service Manager, Ecobank Nigeria, Benibo Ayanaba Gladstone; Senior Special Assistant to Benue State Governor on Emergency Management, Hon. Tsea Vincent; Branch Business Head, Ecobank Nigeria, Otokpa Ogenyi and Recovery Officer, Ecobank Nigeria, Simon Muje, during the presentation of relief materials by Ecobank Nigeria to Benue flood victims at the Internally Displaced Persons […]

Ecobank Customers Win Big In Western Union Mega 

Customers of Ecobank Nigeria have won mouthwatering prizes at the Western Union “Mega Promotion” for its patrons in Nigeria. At the raffle draws amongst customers of 13 banks in Lagos, A western Union customer Gloria Edafe Asedegbega who transacted at Ecobank Unity Road Branch won one of two Hyundai cars on display. Also five other […]

Ecobank gets $250m credit line

Ecobank Transnational Incorporated (ETI) Plc-the pan-African parent company of Ecobank Group, has signed a five-year $250 million senior unsecured loan facility from Deutsche Bank AG. The Public Investment Company (PIC) of South Africa, one of the major institutional shareholders of ETI, is providing full credit support to Deutsche Bank on the transaction through a sub–participation […]

Ecobank Raises MasterCard Limits For International Spend

Ecobank Nigeria has again reviewed, upwards, the daily limit that customers can spend with their naira MasterCards for international transactions. With this review, the spending limits currently applicable for customers, using an Ecobank naira MasterCard, for international spend on Point of Sale (PoS) and online channels was raised from $300 to $1,000 representing 333% for […]

Ecobank Unveils “World Class” Premier Banking Lounge in Port Harcourt

Ecobank Nigeria has unveiled a world class Lounge in Port Harcourt for its Premier Banking customers in the South South Region of the country. The Port Harcourt Premier Banking lounge which is the first of its kind in the South South of the country boasts of self-service digital booths and private meeting rooms where customers […]