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Ecobank is Bank of the Year

Emmanuel Uffot by Emmanuel Uffot
December 19, 2017
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Ecobank, the leading pan-African banking group, has won the Bank of the Year Award in five of its countries of operation.

The Banker award, which was held in Lome, the capital of Togo recently had the banking group emerging the bank of the year in Gambia, Cameroun, Guinea, Togo and Uganda.

According to Ecobank, this is the second consecutive year that The Banker, part of the Financial Times and organizers of the award has honoured the pan-African bank.

The organizers said the bank in the named countries were adjudged to have made significant progress over the past 12 months, not only in terms of strong financials but by introducing new innovative products and services which have transformed their customer service delivery.

Ade Ayeyemi, Ecobank Group Chief Executive Officer (CEO), said the bank was highly honoured by the recognition and will forge to remain relevant in Africa’s banking world “Ecobank is truly honoured to receive these awards. To remain relevant in Africa’s banking world of tomorrow, there is a pressing need for banks to disrupt themselves and transform their operating models. Ecobank is embracing these forces for change as we seek to build the most efficient digital banking platform in Africa.”

He said over the past year, Ecobank has worked hard to strengthen its digital service delivery in order to fulfill their promise to connect Africa and reach out to the masses.

He maintained that Ecobank’s geographical spread across 33 African countries tells just how committed they are to the pan-African model. “The awards demonstrate that we are making progress delivering
the bank’s integrated African vision, while continuing to innovate,” he said.

Read also: Ecobank CEO calls for credit guarantee schemes for MSMEs

Ecobank Transnational Incorporated, which is the parent company of the pan-African banking group, Ecobank currently has operational branches in 40 African countries, namely: Nigeria Angola, Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, Chad, Democratic Republic of Congo Cte d’Ivoire, Equatorial Guinea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Liberia, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Togo, Uganda, Zambia and Zimbabwe.

The Group currently boasts of 17,000 employees’ in different countries with over 1,200 branches and offices. Ecobank is a full-service bank that provides full fledged commercial bank that provides wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organizations, medium, small and micro businesses and individuals.

The Banker, part of the Financial Times and organizers of the award is one of the most recognised and widely respected trade finance titles.

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