Ecobank Transnational Incorporated (ETI) and its two affiliate countries Nigeria and Ghana have emerged winners in three strategic categories of The Asian Banker – West Africa Awards 2018, the lender said in a statement.
The annual awards saw ETI emerging the Best Financial Inclusion Initiative, Application or Programme with its innovative Xpress Account, while Ecobank Nigeria carted away Best Transaction Bank in Nigeria, West Africa award and Ecobank Ghana also won Best Transaction Bank in Ghana, West Africa. Speaking at the award ceremony in Lagos, the Chairman, The Asian Banker, Emmanuel Daniel said: “these awards are the most rigorous, prestigious and transparent awards programme for financial technology, retail banking and transaction banking in West Africa today. We recognize the deepening and increasing maturity and sophistication of the industry in this region.”
He commended Ecobank for bagging three awards, saying specifically that the Best Transaction Award in Nigeria, West Africa won by Ecobank, is a pointer that that the bank has re-emerged as a strong player in the Nigeria market owing to its digital restructuring and improved economy. “Ecobank’s aggressive digital push produced a first innovative mobile payments solution.
Masterpass QR with MasterCard to push financial inclusion in Nigeria through its new, smart, cardless, contactless and cashless payment solution. This bank also launched an integrated electronic banking platform that has on-boarded four million customers within a short space of time”.
In his remarks, Managing Director, Ecobank Nigeria, Charles Kie, thanked the Asian Banker Award Team for painstakingly creating an opportunity to celebrate hard work by members of the banking community. He described the awards as a worthy recognition of Ecobank’s landmark initiatives targeted at financial inclusion on the African continent. He stated that the awards further affirm Ecobank’s leading contributions to the use of technology innovations and digital platforms for expanding banking frontiers.