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ECOBANK TRANSNATIONAL INCORPORATED
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.
Nedbank Group Ltd., South Africa’s fourth-largest bank by assets, has announced plans to sell its 21.2% stake in Ecobank Transnational Incorporated (ETI), bringing an end to a 17-year partnership that expanded its presence across Africa.
Credit rating agency Moody’s has upgraded Ecobank Transnational Incorporated’s (ETI) outlook from “negative” to “stable”.
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has formally launched its $250 million Additional Tier 1 (AT1) capital issuance following shareholder approval at its Extraordinary General Meeting held on May 28, 2025, in Lomé.
Ecobank Transnational Incorporated (ETI) has received shareholder authorization to raise up to $250 million in Additional Tier 1 (AT1) capital qualifying instruments, following a resolution passed at the company’s Extraordinary General Meeting (EGM).
Ecobank Transnational Incorporated (ETI) has announced the appointment of Ayo Adepoju, its Group Chief Financial Officer (CFO), as Group Executive Director, effective June 4, 2025.
Ecobank Transnational Incorporated (ETI) has announced its successful tap of U.S.$400 million 10.125% Notes due October 15, 2029, raising an additional U.S.$125 million
Ecobank Transnational Incorporated (ETI) has successfully issued a $125 million 10.125% Senior Notes due in 2029, marking a significant milestone for the bank and the African Eurobond market.
Ecobank Transnational Incorporated (ETI) has released its unaudited Q1 2025 results, reporting a pre-tax profit of N267.305 billion ($174.9 million), reflecting a 32.68% year-on-year increase.
Ecobank Transnational Incorporated (ETI) has released its 2024 consolidated financial statement, reporting a post-tax profit of N735.9 billion ($494 million), up 179% YoY.
Ecobank Transnational Incorporated’s (ETI) profit before tax rose to a 5-year-high of N263.524 billion ($581.362 million) in FY 2023, according to audited financial statements seen by Nairametrics.
It's time to summarise the main company news stories that dominated the headlines last week