ECOBANK

ecobank-logo

Ecobank Transnational Incorporated (ETI), a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS). In the early 1980โ€™s foreign and state-owned banks dominated the banking industry in West Africa. Commercial banks in West Africa owned and managed by the African private sector wer... e a rarity. Its founders created ETI with the objective of filling this vacuum. The Federation of West African Chambers of Commerce promoted and initiated a project to create a private, regional banking institution in West Africa. In 1984, Ecopromotions S.A. was incorporated. Its founding shareholders raised seed capital for feasibility studies and the promotional activities leading to the creation of ETI. In October 1985, ETI was incorporated with authorised capital of US$100 million. The initial paid up capital of US$32 million was raised from over 1,500 individuals and institutions from West African countries. The largest shareholder was the ECOWAS Fund for Cooperation, Compensation and Development (ECOWAS Fund), the development finance arm of ECOWAS. Ecobank signed a Headquartersโ€™ Agreement with the Government of Togo in 1985, which granted it the status of an international organisation. This status came with the rights and privileges necessary for ETI to operate as a regional institution, including the status of a non-resident financial institution. ETI commenced operations with its first subsidiary in Togo in March 1988.

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ECOBANK

Social Links:

Industry:
Banking Finance Financial Services

Founded:
1985-01-01

Address:
Lomรฉ, Maritime, Togo

Country:
Togo

Website Url:
http://www.ecobank.com

Total Employee:
10001+

Status:
Active

Contact:
228 22 21 03 03

Email Addresses:
[email protected]

Total Funding:
1.46 B USD

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Current Advisors List

jean-michel-severino_image

Jean-Michel Severino chairman of the Board @ Ecobank
Board_member
2013-05-01

flore-konan_image

Flore Konan Member of the Board of Director @ Ecobank
Board_member

Current Employees Featured

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Djiba Diallo
Djiba Diallo Senior Fintech Advisor @ Ecobank
Senior Fintech Advisor
2019-07-01

evelyne-tall_image

Evelyne Tall
Evelyne Tall Deputy Group Chief Executive Officer / Chief Operating Officer / Group Executive Director @ Ecobank
Deputy Group Chief Executive Officer / Chief Operating Officer / Group Executive Director
2005-01-01

kunle-barry-osilaja_image

Kunle Barry Osilaja
Kunle Barry Osilaja Managing Director @ Ecobank
Managing Director

eddy-ogbogu_image

Eddy Ogbogu
Eddy Ogbogu Executive Director, Head of Operations and Technology @ Ecobank
Executive Director, Head of Operations and Technology
2010-08-01

gervais-djondo_image

Gervais Djondo
Gervais Djondo Co-Founder @ Ecobank
Co-Founder

dayo-orimoloye_image

Dayo Orimoloye
Dayo Orimoloye Group Chief Risk Officer @ Ecobank
Group Chief Risk Officer
2010-01-01

patrick-akinwuntan_image

Patrick Akinwuntan
Patrick Akinwuntan Executive Director, Head of Domestic Bank @ Ecobank
Executive Director, Head of Domestic Bank

ola-sowemimo_image

Ola Sowemimo
Ola Sowemimo Chief Investment Officer @ Ecobank
Chief Investment Officer

laurence-rego_image

Laurence Rego
Laurence Rego Group Executive Director, Finance @ Ecobank
Group Executive Director, Finance
2010-01-01

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Tomisin Fashina
Tomisin Fashina CIO @ Ecobank
CIO

Founder


gervais-djondo_image

Gervais Djondo

Stock Details


Company's stock symbol is GHA:ETI

Acquisitions List

Date Company Article Price
2014-06-14 Banco ProCredit Mozambique Banco ProCredit Mozambique acquired by Ecobank N/A
2011-10-25 Oceanic Bank International Oceanic Bank International acquired by Ecobank N/A

Investors List

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African Development Bank

African Development Bank investment in Post-IPO Debt - Ecobank

european-investment-bank_image

European Investment Bank

European Investment Bank investment in Post-IPO Debt - Ecobank

arise-invest_image

Arise Invest

Arise Invest investment in Post-IPO Equity - Ecobank

cdc-group_image

CDC Group

CDC Group investment in Post-IPO Debt - Ecobank

african-development-bank_image

African Development Bank

African Development Bank investment in Post-IPO Debt - Ecobank

amethis-finance_image

Amethis Finance

Amethis Finance investment in Post-IPO Debt - Ecobank

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Swedfund International

Swedfund International investment in Post-IPO Debt - Ecobank

fmo_image

FMO

FMO investment in Post-IPO Debt - Ecobank

deutsche-bank_image

Deutsche Bank

Deutsche Bank investment in Post-IPO Debt - Ecobank

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Nedbank

Nedbank investment in Post-IPO Equity - Ecobank

Investments List

Date Company Article Money raised
2021-12-29 Sofitex Ecobank investment in Debt Financing - Sofitex 120 M USD
2021-12-17 Trove Ecobank investment in Grant - Trove 15 K USD
2021-12-17 OKO Ecobank investment in Grant - OKO 12 K USD
2021-12-17 Motito Ecobank investment in Grant - Motito 10 K USD
2021-08-17 Sephis Foundation Ecobank investment in Grant - Sephis Foundation 1000 M XAF
2015-09-08 SMILE Telecoms Holdings Ecobank investment in Debt Financing - SMILE Telecoms Holdings 315 M USD
2014-09-11 Golden Star Resources Ecobank investment in Post-IPO Debt - Golden Star Resources 25 M USD

Official Site Inspections

http://www.ecobank.com Semrush global rank: 56.59 K Semrush visits lastest month: 2.09 M

  • Host name: 5.79.46.233
  • IP address: 5.79.46.233
  • Location: United Kingdom
  • Latitude: 51.4964
  • Longitude: -0.1224
  • Timezone: Europe/London

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