People wait in line on February 16, 2011 in front of a branch of the pan-African bank Ecobank in Abidjan. The Ivorian offices of two international banks, French BNP Paribas and US Citibank, were closed of February 14 after the west African regional bank BCEAO warned banks they risked sanctions if they dealt with Laurent Gbagbo's disputed regime. Gbagbo threatened on February 15 to take legal action against foreign banks Citibank and BNP Paribas after they closed their offices in the country. AFP PHOTO / SIA KAMBOU (Photo credit should read SIA KAMBOU/AFP/Getty Images)

Ecobank Transnational announces change in Board of Directors

Ecobank Transnational Incorporated, ETI, has announced changes on its board of directors as Dr. Adesegun Akin-Olugbade and Mr. Ignace Cloegah resigned from the management board to enable them focus on other personal responsibilities. The board, management and staff of ETI expressed their gratitude to them for their significant contributions to the Ecobank Group and their […]

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People wait in line on February 16, 2011 in front of a branch of the pan-African bank Ecobank in Abidjan. The Ivorian offices of two international banks, French BNP Paribas and US Citibank, were closed of February 14 after the west African regional bank BCEAO warned banks they risked sanctions if they dealt with Laurent Gbagbo's disputed regime. Gbagbo threatened on February 15 to take legal action against foreign banks Citibank and BNP Paribas after they closed their offices in the country. AFP PHOTO / SIA KAMBOU (Photo credit should read SIA KAMBOU/AFP/Getty Images)

Ecobank Transnational Inc grosses ₦389 billion in 6 months

Ecobank Transnational Incorporated (ETI) , the parent company of Ecobank Nigeria, has recorded gross earnings of ₦389 billion during the first half of this year just as its Nigeria subsidiary has again reviewed, upwards, the daily limit that its customers can spend with their Naira MasterCards for international transactions. A statement from banking group states […]

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Zenith Bank, ETI, GTBank top best performing stocks chart in July

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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People wait in line on February 16, 2011 in front of a branch of the pan-African bank Ecobank in Abidjan. The Ivorian offices of two international banks, French BNP Paribas and US Citibank, were closed of February 14 after the west African regional bank BCEAO warned banks they risked sanctions if they dealt with Laurent Gbagbo's disputed regime. Gbagbo threatened on February 15 to take legal action against foreign banks Citibank and BNP Paribas after they closed their offices in the country. AFP PHOTO / SIA KAMBOU (Photo credit should read SIA KAMBOU/AFP/Getty Images)

Shareholders of Ecobank approves raising of $400m via convertible bond

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 […]

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