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ECOBANK

News and Analysis about Ecobank

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has officially completed its divestment from Mozambique following the sale of its entire stake in Ecobank Mozambique S.A. (EMZ) to FDH Bank Plc.  
African financial powerhouses have unveiled plans to mobilise more than $100 billion for green initiatives across the continent, in a bold push to drive sustainable economic growth and reposition Africa in the global climate economy. 
Ecobank Transnational Incorporated, a Pan-African bank operating across 33 African countries, has released its unaudited Q2 2025 financial...
Despite tough macroeconomic conditions, ten commercial banks listed on the Nigerian Exchange (NGX) recorded a total of N3.77 trillion in loan impairment charges spanning full-year 2023, full-year 2024, and the first quarter of 2025. 
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.  
In the third quarter of 2024, Nigerian banks experienced a remarkable 79% year-on-year surge in shareholder funds, which soared from N11.2 trillion in the same period the previous year to N20 trillion, reflecting a substantial increase.  
The Nigerian banking sector experienced a decline in collective pre-tax profit in the third quarter of 2024, reversing...
The Federal High Court in Abuja has dismissed a suit filed by Ecobank Nigeria Limited, which requested a...
  https://www.youtube.com/watch?v=dHcKXaG6X10
Ecobank announced on Wednesday that it has obtained approval from bondholders to raise its capital buffer, increasing it by 10%, to avoid defaulting on its 5-year senior bond.  
Ecobank Nigeria limited has launched custody business operation in Nigeria.
In response to the ongoing #EndBadGovernance protests, some banks in Nigeria have implemented remote work policies for their employees.