Ecobank Transnational Inc - Company Profile

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Ecobank Transnational Inc: Overview

Ecobank Transnational Inc (Ecobank Group) is a banking and financial services group. The group offers a wide range of banking, consumer and commercial finance, investments, asset management, and securities services to financial institutions, government agencies, international organizations, multinationals, small, medium, and micro businesses, and individual customers. Its product portfolio comprises accounts and deposits which include savings, diaspora, and current accounts; card products that consist of credit cards and debit cards; lending solutions which comprise of loans for personal usage, mortgage, car, business accounts, business loans, and microfinance. The group also offers other related financial services which include Internet banking, mobile banking, foreign exchange services, trade services, transfers and payments, cash management, treasury services, investment banking, and securities and asset management services. The group operates through a network of branches and offices, ATMs, and POS machines. The group has a presence in African countries, as well as international offices in Paris, London, Dubai, and Beijing. Ecobank is headquartered in Lome, Togo.

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Headquarters Togo

Address 2365, Boulevard Du Mono - Bp : 3261 Lome


Telephone 234 22 210303

No of Employees 13,175

Industry Financial Services

Ticker Symbol & Exchange ETI (NIG)

Revenue (2021) $2.5B 8.3% (2021 vs 2020)

EPS XYZ

Net Income (2021) XYZ 12% (2021 vs 2020)

Market Cap* $485.5M

Net Profit Margin (2021) XYZ 3.4% (2021 vs 2020)

* As of and is in US$
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Ecobank Transnational Inc premium industry data and analytics

2

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Ecobank Transnational Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Ecobank Transnational Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Deposits and Accounts: Internet Banking Ecobank
Savings Mobile Banking
Current Investment Banking
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Corporate Awards In July, the group was honoured as Africa’s Best Bank for SMEs by prestigious Euromoney Awards.
2023 Contracts/Agreements In June, the group and PAPSS entered into a partnership to improve cross-border payment in Africa.
2023 New Products/Services In June, the group and Dashen Bank introduced remittance app, which focuses on Ethiopians living abroad.
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Competitor Comparison

Key Parameters Ecobank Transnational Inc KCB Group Plc Banco Angolano de Investimentos SA Absa Bank Kenya PLC Polaris Bank Limited
Headquarters Togo Kenya Angola Kenya Nigeria
City Lome Nairobi Luanda Nairobi -
State/Province - - Luanda - -
No. of Employees 13,175 11,098 1,905 2,070 -
Entity Type Public Public Private Public Private
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
Ayo Adepoju Chief Financial Officer Senior Management - -
Nana Araba Abban Group Executive - Consumer Banking Senior Management - -
Chinedu Ikwudinma Chief Risk Officer - Group Senior Management - -
Eric Jones Odhiambo Group Executive - Corporate and Investment Banking Senior Management - -
Elisa Desbordes-Cisse Chief Operating Officer - The Ecobank Foundation Senior Management 2022 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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