Ghana’s leading telecommunications provider, Mobile Telecommunications Network (MTN) and Ecobank, The Pan African Bank, have partnered to extend cardless ATM services to Ecobank ATMs across Ghana. With this partnership, the more than two million MTN Mobile Money subscribers can now enjoy the convenience and ease of withdrawing money instantly from Ecobank ATMs anytime and from
Ecobank Transnational Incorporated has been declared the most valuable brand in Africa – outside South Africa – in the annual ranking of the global banking and financial magazine ‘The Banker’ in its special edition Brand Finance Banking 500 of February 2014. Present in more African countries than any other bank in the world, Ecobank has
Ecobank Transnational Inc. and MasterCard, have announced a multi-country licensing agreement which will provide access to MasterCard’s electronic payments solutions for Ecobank’s customers in a further 23 African countries. The agreement is the culmination of a Memorandum of Understanding (“MOU”) originally signed in November 2011, and importantly, enables electronic payments access to more than 60%
PROPARCO and Ecobank Transnational Incorporated (ETI), the holding company of Ecobank Group, have announced the signing of a USD 50m loan agreement with a 10-year maturity. Ecobank was founded in 1985 and is today the largest pan-African banking group by number of locations, operating in 35 countries. The group is a full-service bank providing wholesale,
Fundtech, a provider of global transaction banking solutions, announced that Ecobank, the pan-African bank, has successfully deployed Global CASHplus®, Fundtech’s integrated, real-time cross-border payment and cash management system in 30 African countries. Ecobank began implementation of the innovative Global CASHplus® cash management system with a single-country pilot implementation in June 2011. As a result of
The Board of Ecobank Transnational Incorporated (ETI) announced the decision of Kolapo Lawson to stand aside as its Chairman. He will retire from the Board on 31 December 2013 and hands over to André Siaka as interim Chairman with immediate effect. Commenting on his decision, Mr. Lawson said: “The last few months have seen huge
Ecobank Transnational Incorporated, the leading pan-African banking group, is pleased to announce the official opening of its Ethiopian representative office in Addis Ababa. This brings the total number of countries in Sub-Saharan Africa in which Ecobank has a presence to 35. The Group obtained a license to operate a representative office in July 2013. The
The official signing ceremony for a co-operation agreement between Ecobank Transnational Incorporated (“Ecobank”), the leading pan-African banking group, and the African Guarantee Fund (“AGF”) to promote and support small business across Sub-Saharan Africa occurred recently. Under the terms of this USD 50 million agreement, the two institutions will work together to unlock the potential of
Datacard Group, the provider of secure ID and card personalization solutions, announced that Ecobank Transnational Inc., a financial services provider with operations in over 30 African countries, is enhancing their customer service levels by implementing Datacard® financial instant issuance solutions for in-branch issuance of its Visa CashXpress prepaid cards. A multi-purpose prepaid card that is
Nedbank Group and the Bank of China (’BoC’) have entered into a strategic business cooperation agreement to grow business flows between the People’s Republic of China (’China’) and Africa. The alliance will support clients of the BoC as they look to grow and invest in South Africa and the rest of Africa by providing access
