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Ecobank
Ecobank, whose official name is Ecobank Transnational Inc. (ETI), is a pan-African banking conglomerate, with banking operations in 36 African countries. It is the leading independent regional banking group in West Africa and Central Africa, serving wholesale and retail customers. It also maintains subsidiaries in Eastern and Southern Africa. ETI has representative offices in Angola, China, Dubai, France, South Africa, and the United Kingdom. Overview ETI is a large financial services provider with offices in 36 countries around the world, and presence in 36 sub-Saharan countries. , ETI's customer base was estimated at 13.7 million, with 9.6 million (70.2%), located in Nigeria, the continent's most populous nation. ETI's branch network numbered 1,305, with 1,981 networked ATMs. Group network , Ecobank Transnational had banking operations in 36 African countries, with representative offices in Angola, Beijing, Dubai, Ethiopia, South Africa and the United Kingdom: Ecobank Tra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecobank Kenya
Ecobank Kenya is a commercial bank in Kenya. It is one of the commercial banks licensed by the Central Bank of Kenya, the central bank and national banking regulator. Overview On 16 June 2008, Ecobank Transnational Incorporated acquired 75% of EABS Bank, which had been licensed in 2005. The bank changed its name to Ecobank Kenya Limited to reflect the new shareholding. Later, it increased its shareholding in the bank, to 95.67% as at 3 July 2013. , Ecobank Kenya had total assets valued at approximately KES:36.9 billion (US$427.6 million), with shareholders' equity of about KES:3.39 billion (US$39.3 million). Ecobank network Ecobank Kenya is a member of Ecobank Transnational, the leading independent pan-African bank, headquartered in Lomé, Togo with affiliates in West Africa, Central Africa, East Africa and Southern Africa. Ecobank, which was established in 1985, has grown to a network of over 600 branches, employing over 10,000 people, with offices in 33 countries including Ben ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecobank Nigeria
Ecobank Nigeria Limited, commonly referred to as Ecobank Nigeria, is a commercial bank in Nigeria. It is one of the commercial banks licensed by the Central Bank of Nigeria, the national banking regulator. Overview The bank began operations in 1989. It operates as a universal bank, providing wholesale, retail, corporate, investment and transaction banking services to its customers in the Nigerian market. The bank divides its operations into three major divisions: (a) Retail Banking, (b) Wholesale Banking and (c) Treasury & Financial Institutions. The bank also offers capital markets and investment banking services. During the fourth quarter of 2011, Ecobank Nigeria through its parent company Ecobank Transnational Inc. ( ETI) acquired 100% of the shareholding in Oceanic Bank, creating the expanded Ecobank Nigeria Limited. , the expanded Ecobank Nigeria controlled total assets valued at approximately US$8.1 billion (NGN:1.32 trillion), making it one of the five largest banks in Nige ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecobank Rwanda
Ecobank Rwanda, whose full name is Ecobank Rwanda Limited, formerly Bank of Commerce, Development and Industry (BCDI), is a commercial bank in Rwanda, licensed and supervised by the National Bank of Rwanda, the central bank and national banking regulator. Location The headquarters of Ecobank Rwanda and the main branch of the bank are located along KN3 Avenue in the central business district of the city of Kigali, the capital and largest urban centre of Rwanda. The geographical coordinates of the banks headquarters are 01°56'49.0"S, 30°03'38.0"E (Latitude:-1.946944; Longitude:30.060556). Overview , the bank was a medium-sized financial institution with an asset base of RWF:193.527 billion (US$227.5 million), with shareholders' equity of RWF:17.835 billion (US$21 million), and RWF:161.625 billion (US$190 million) in customer deposits. History Ecobank Rwanda was established on 6 July 2007, when Ecobank International acquired the Bank of Commerce, Development and Industry (BCDI), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecobank Uganda
Ecobank Uganda is a bank in Uganda that operates as a commercial bank under a license granted by the Bank of Uganda, the central bank and national banking regulator. Location The headquarters of Ecobank Uganda are located at Plot 8A, Kafu Road, in the Central Division of Kampala, the capital and largest city of Uganda. The coordinates of the bank's headquarters are 0°18'47.0"N, 32°35'06.0"E (Latitude:0.32662; Longitude:32.58310). Overview The bank began operations in Uganda on 19 January 2009 as a full-service bank. It provides wholesale, retail, investment, and transaction banking services and products to governments, financial institutions, multinationals, international organizations, businesses, and individuals. As of 31 December 2014, the bank's total assets were UGX:278.8 billion, with shareholders' equity of UGX:46.9 billion. Ownership Ecobank Uganda is a subsidiary of Ecobank Transnational, a banking conglomerate headquartered in Lome, Togo. Board of directors The f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecobank Zimbabwe
Ecobank Zimbabwe Limited (EZL), is a commercial bank in Zimbabwe. It is one of the commercial banks licensed by the Reserve Bank of Zimbabwe and a subsidiary of Togo-based Ecobank. Ecobank Zimbabwe is a small financial services provider in Zimbabwe, serving large corporate clients, upscale retail customers and medium to large business enterprises. The company’s services include personal banking, business banking, global banking and agricultural finance. , the bank's shareholders' equity was estimated at US$42.8 million, and total assets were valued at US$120.2 million. History The bank was established in 2002 as ''Premier Finance Group'', a merchant bank. In January 2011, Ecobank Transnational acquired majority shareholding in Premier Finance Group, at a price of US$10 million. Following the change in ownership, the institution rebranded to Ecobank Zimbabwe in May 2011. It also requested and was granted permission to change its merchant banking license to a commercial banking ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecobank Ghana
Ecobank Ghana is a commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator. Overview EBG is a member of the Pan-African Ecobank chain which operates in thirty two (32) countries. The stock of Ecobank Ghana is listed on the Ghana Stock Exchange, where its shares are traded under the symbol EGH. The bank is a fully networked commercial bank in Ghana with branches (total of 77 as of December 2016) in almost all regions of the nation. History The bank was formed in 1990. In December 2011, Bank of Ghana, the central bank of the country, which also functions as the national banking regulator, gave approval for Ecobank Transnational to acquire 100% interest in The Trust Bank (TTB), another licensed commercial bank. At the time, the total asset valuation of TTB was approximately US$119 million (GH¢ 220 million). Ecobank has successfully merged TTB and EBG. The new bank is known as Ecobank Ghana Limited. Awards CIMG Elit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeremy Awori
Jeremy Awori, is a Kenyan businessman and corporate executive who was appointed as Group CEO and director of Ecobank Transnational, effective 1 November 2022. He replaced ''Ade Ayeyemi'', from Nigeria, who retired, having attained the retirement of age of 60. Awori is based in Lomé, Togo. Before that, up until 31 October 2022, he served as the managing director and chief executive officer of Absa Bank Kenya (formerly Barclays Bank of Kenya), since June 2013. Before that, from 2008 until 2013, he was the CEO of Standard Chartered Tanzania. He was based in Nairobi, Kenya's capital city. Background and education Awori is a Kenyan national, born circa 1971. His father was an engineer and a Kenyan by birth. His mother was British and a lawyer. He has two siblings, one brother and one sister. He was educated at St. Mary's School, Nairobi, for his elementary and secondary education. In 1989, he was admitted to the University of Manchester in the United Kingdom, graduating in 199 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BRVM
The Bourse Régionale des Valeurs Mobilières SA ("Regional Securities Exchange SA"), or BRVM, is a regional stock exchange serving the following West African countries: * Benin * Burkina Faso * Côte d'Ivoire * Guinea Bissau * Mali * Niger * Senegal * Togo. The exchange is located in Abidjan, Cote d'Ivoire. Market offices are maintained in each country. BRVM is a private corporation with 2,904,300,000 CFA francs in capital. The BRVM Composite Index climbed 18 percent in 2015. Mission The mission of the BRVM is to: *organize the securities market; *disseminate market information; *promote the market. History Time line Market integration by the BRVM is a political, institutional, and technical success. The Bourse Régionale and Dépositaire Central/Banque de Règlement (DC/BR) were established in several phases: *November 14, 1973: Treaty signed establishing the West African Monetary Union (WAMU), which created a financial market organized into sub-regions. *Dec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oceanic Bank
Oceanic Bank International, commonly referred to as Oceanic Bank, was a bank in Nigeria that provided individual, commercial and corporate banking services. History Oceanic Bank was incorporated on March 26, 1990, as a private limited liability company with 100% equity ownership by Nigerian citizens, and licensed on April 10, 1990, to carry on commercial banking. The bank commenced business on June 12, 1990, at the Waterfront Plaza, Plot 270, Ozumba Mbadiwe Avenue, Victoria Island, Lagos. It was listed on the Nigerian Stock Exchange on June 25, 2004. In October 2010, Cecilia Ibru, the former head of Oceanic Bank, was sentenced to eighteen months and ordered to forfeit over US$1 billion for fraud. Following the sentencing of Mrs Ibru after she pleaded guilty to three-count charge bordering on negligence, reckless grant of credit facilities and mismanagement of depositors’ funds, the Bank was put into administration and subsequently acquired in 2011 by a rival bank, Ecobank. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sub-Saharan
Sub-Saharan Africa is, geographically, the area and regions of the continent of Africa that lies south of the Sahara. These include West Africa, East Africa, Central Africa, and Southern Africa. Geopolitically, in addition to the African countries and territories that are situated fully in that specified region, the term may also include polities that only have part of their territory located in that region, per the definition of the United Nations (UN). This is considered a non-standardized geographical region with the number of countries included varying from 46 to 48 depending on the organization describing the region (e.g. UN, WHO, World Bank, etc.). The African Union uses a different regional breakdown, recognizing all 55 member states on the continent - grouping them into 5 distinct and standard regions. The term serves as a grouping counterpart to North Africa, which is instead grouped with the definition of MENA (i.e. Middle East–North Africa) as it is part of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia ( The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dubai is vice pre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Roman Empire, Romans as ''Londinium'' and retains its medieval boundaries.See also: Independent city#National capitals, Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national Government of the United Kingdom, government and Parliament of the United Kingdom, parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the Counties of England, counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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