Ecobank Nigeria has unveiled a “Target Savings Promo”, giving customers the opportunity to win double their savings in the bank within a specified period. The promo tagged, “Double Your Target Savings” promo is intended for customers who want to build up savings with the bank to meet their future financial goals or execute specific desired […]
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Zenith Bank Plc, along Ecobank Transactional Incorporated Plc, and Guaranty Trust Bank Plc (GTBank) lead 13 others to emerge as best performing stocks in the banking sector in July. At the close of trading on Monday, July 31, the stock price of Zenith Bank appreciated by 17.8 per cent, while ETI added 18.1 per cent […]
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Ecobank has extended the capabilities of its Rapid Transfer product enabling all bank account holders in Nigeria receive money via the Rapid Transfer instantly from 33 African countries where Ecobank operates. With this development, a bank account holder in any bank in Nigeria, who is privileged to receive transfer of funds from within Africa can […]
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To boost inward remittance, Ecobank Nigeria Plc has entered into alliance with Transfast, a leading international provider of cross-border payments and remittance solutions, A statement from the bank says the strategic partnership will further ease expatriates funds transfer from across the world into Nigeria. “With this arrangement, Nigerians working in other countries can send money […]
Read More Ecobank Transnational Incorporated (ETI) Plc, the pan-African financial services holding company for the Ecobank group, may issue about 6.7 billion ordinary shares under a $400 million convertible bond issue being planned by the company. Shareholders of ETI earlier this month authorised the board of the financial services group to raise up to $400 million through […]
Read More Ecobank Nigeria says operators of the Small and Medium Enterprises in the country can approach the bank for their foreign exchange needs for importation. This, it said, was in line with Central Bank of Nigeria’s recent directive to banks to support the SMEs with forex for import. The Head, SME Commercial Banking, Ecobank Nigeria, Mr. […]
Read More Shareholders of Ecobank Transnational Incorporated (ETI) Plc last weekend authorised the board of the financial services group to raise up to $400 million through a convertible bond issue. At the annual general meeting and extraordinary general meeting held in Lomé, Togo, shareholders voted in support of the convertible bond issue, which will be undertaken by […]
Read More Ecobank Nigeria has commissioned three additional banking lounges for its Advantage customers in Uyo, Port Harcourt and Abuja. The Advantage segment offers its customers dedicated banking servicesm, targets the upwardly mobile and generally, professionals in various fields. The services include a bouquet of lifestyle enriching products, to address their day-to-day banking needs with dedicated relationship […]
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Global banking and financial services company with headquarters in Frankfurt, Deutsche Bank AG, has bestowed on Ecobank Nigeria Limited, Access Bank, Sterling Bank Plc, Stanbic IBTC and Zenith Bank, the award for excellence in payment efficiency, cash management and trade finance. The banks were rewarded at an impressive award night, staged in Lagos at the […]
Read More Ecobank Nigeria begin a sensitisation exercise of mass and conventional markets of its innovative global digital payment system, MasterPass QR, launched in Lagos. The system allows people to pay for services using mobile phones. It also enables micro, small and medium enterprises (MSMEs) to receive digital payments from millions of their customers. Its Head, Consumer Distribution, […]
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The Western Union Foundation has announced the donation of a furnished library to the Ransome Kuti Memorial Senior Grammar School in Mushin, Lagos. According to a statement by the international money transfer company, the Western Union Foundation and Ecobank Nigeria have collaborated to finance the initiative as part of the “Read to Succeed” programme. It […]
Read More The board of Pan African Bank, Ecobank Transnational Incorporated plc (ETI) has finally recognised the role its former chairman, Kolapo Lawson played in projecting the bank’s good corporate governance principles through whistle blowing. In 2013, the Ecobank Group was plunged into what was generally perceived as governance crisis. In order to ensure that the Ecobank […]
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