Tag Archives: ETI

The earnings of Ecobank Transnational Incorporated (ETI), a pan-African banking group, rose to the highest in at least nine years of N311 billion in the first six months of 2024.

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Ecobank Transnational Incorporated (“ETI”), the parent company of the Ecobank Group, the leading pan-African bank with operations across 33 African countries, today held its 34th Annual General Meeting (AGM) in Abidjan, Côte d’ Ivoire.

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Ecobank Transnational Incorporated (ETI) has announced N143.7 billion profit before tax in its audited nine months ended September 30, 2021, an increase of about 316 per cent from N34.5billion reported in nine months ended September 30, 2020.

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Ecobank Transnational Incorporated (ETI) has recorded a 32 per cent growth in profit before tax of N146.5 billion for 2019 financial year.

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The ETI Specialized Resolution Company Ltd (ESRC) which took over the disputed Honeywell loans is set to appeal the judgement delivered by Justice Ayokunle Faji of the Lagos Federal High Court, on the protracted N5.5 billion legal suit between Honeywell and Ecobank.    

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Photo Caption: From Left: Minister for Budget and National Planning, Udo Udoma; Vice President, Yemi Osinbajo; Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi and Managing Director, Ecobank Nigeria, Charles Kie, at the 23rd Nigerian Economic Summit (NES23) in Abuja on Tuesday.

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Ecobank Transnational Incorporated (ETI) has posted an impressive results in all the key financial indices for the half year ended 30 June 2017. The audited results released to the Nigerian Stock Exchange (NSE) on Thursday showed that the pan African bank recorded gross earnings of  N389 billion for the H1 in 2017, up 41 per cent from N273 billion in the …

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As part of its re-engineering effort and coming from a loss position in 2016, Ecobank transnational incorporated (ETI) has announced 15 per cent increase in profit after tax to N18.7 billion for the first quarter (Q1) ended March 2017. The financial institution in the first quarter of 2016 posted N16.2 billion profit after tax. Ecobank had announced a loss before …

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  Ecobank Collaborates With NIBSS On New Mobile Payment Solution mCash   Ecobank has joined a collaboration between the Nigeria Interbank Settlement Scheme, NIBSS and the four major telecommunications operators, Etisalat, MTN, Airtel and Globacom, to offer a new and innovation mobile money payment solution, mCash. The new mobile payment solution enables easy payments using the mobile phone for account …

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EDC Fund Management launches Mutual Funds  EDC Fund Management , the Asset Management arm of Ecobank in Nigeria has announced the launch of two mutual funds –  The EDC Nigeria Money Market Fund, and the EDC Nigeria Fixed Income Fund. The mutual funds gives customers of the Corporation and other interested Nigerians the opportunity to diversify their investment portfolio with as …

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