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Ecobank
Ecobank, whose official name is Ecobank Transnational Inc. (ETI), is a pan-African banking conglomerate, with banking operations in 33 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 an affiliate in France, and representative offices in China, Dubai, South Africa, and the United Kingdom. History Ecobank was founded in 1985 to address the financial needs of West African entrepreneurs. The initiative originated from the Federation of West African Chambers of Commerce, aiming to establish a private regional banking institution. Key figures Gervais Koffi Djondo and Adeyemi Lawson played a crucial role in realizing this vision, which was first discussed in Mali in 1972. Ecobank Transnational Incorporated (ETI) was incorporated with an authorized capital of $100 million, with an initial paid-up capital of $32 mill ... [...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 B ... [...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 Nig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecobank Ghana
Ecobank Ghana PLC is a commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator. In 2022, the bank retained its position as the largest bank in Ghana in the 2023 Ghana Banking Survey by PricewaterhouseCoopers (PwC). LIMA Partners also named the bank as the biggest bank by total assets in the Ghana Banking Industry Report. Overview EBG is a member of the Pan-African Ecobank chain which operates in 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. In 2023, the bank introduced two products (asset finance and working capital stream) to help shippers' liquidity challenges. History Ecobank Ghana was incorporated on January 9, 1989, as a private limited liability company under the Organizations Code to ... [...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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecobank Zimbabwe
Ecobank Zimbabwe Limited (EZW), 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 bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Papa Madiaw Ndiaye
Papa Madiaw Ndiaye (born 29 September 1965), is a financier and investor, who was born and grew up in Senegal. He is the CEO of Advanced Finance and Investment Group (AFIG Funds), an African-owned private equity investment firm that he founded in 2005. In addition, since June 2024, Papa Madiaw sits as the Chairman of Ecobank Transnational Inc, a pan-African banking conglomerate, with banking operations in 33 African countries. Prior to AFIG Funds, Papa had a rich career, working at global financial institutions including International Financial Corporation, JP Morgan and,Salomon Brothers, since 1988. Between 1996 and 2000, Papa Madiaw served at the IFC’s investment department overlooking financial institutions establishment and investments in Africa. In 2000, Papa Madiaw was one of the three partners to raise and manage the AIG African Infrastructure Fund and managed through the Emerging Markets Partnership (EMP, now ECP) in Washington. In 2000, he was appointed Chairman of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeremy Awori
Jeremy Awori is a Kenyan businessman who serves as the Group CEO of Ecobank Transnational. Previously, Awori 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. 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 1991 with a Bachelor of Science degree in Pharmacy. Later in the 1990s, he graduated from McGill University, in Canada with a Master of Business Administration degree, focusing on finance and international business. Career After his first degree, he practiced as a pharma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ECOWAS Bank For Investment And Development
The ECOWAS Bank for Investment and Development (EBID) is a leading regional investment and development bank, owned by the fifteen Economic Community of West African States (ECOWAS) Member States. EBID's aim is provide international development by financing developmental projects and programmes covering diverse initiatives from infrastructure and basic amenities, rural development and environment, industry, and social services sectors, through its private and public sector windows. EBID intervenes through long, medium, and short-term loans, equity participation, lines of credit, refinancing, financial engineering operations, and related services. EBID emerged as a banking group after the transformation of the Fund for Cooperation, Compensation and Development of ECOWAS in 1999. History The ECOWAS Fund was established in 1975 at the same time as the erstwhile Executive Secretariat of the Economic Community of West African States (which would become the ECOWAS Commission) and commen ... [...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] |
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 Burkina Faso is a landlocked country in West Africa, bordered by Mali to the northwest, Niger to the northeast, Benin to the southeast, Togo and Ghana to the south, and Ivory Coast to the southwest. It covers an area of 274,223 km2 (105,87 ... * 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 Régional ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. London stands on the River Thames in southeast England, at the head of a tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Roman Empire, Romans as Londinium and has retained its medieval boundaries. The City of Westminster, to the west of the City of London, has been the centuries-long host of Government of the United Kingdom, the national government and Parliament of the United Kingdom, parliament. London grew rapidly 19th-century London, in the 19th century, becoming the world's List of largest cities throughout history, largest city at the time. Since the 19th cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
