The following statement seeks to clarify enquiries received following recent media reports that the Ecobank Group may be closing some of its subsidiaries that are not profitable.
Category: Banking & Finance
First Atlantic Bank Boosts Healthcare in Tema General Hospital
First Atlantic Bank has donated a Digital Ultrasound Imaging system to the Tema General Hospital to help improve healthcare services in that facility.
GN Research: Failed adb IPO Could Have dire Consequences on Market
Agriculture Development Bank’s [adb] recently failed initial Public Offer [IPO] of shares could deter investors, especially foreign investors from committing funds to the equity market.
UBA Ghana Supports Broll Ghana on AU Day
The United Bank for Africa (UBA) Ghana joined Ghana and the entire African continent to celebrate this year’s Africa Day with pomp and pageantry at all the bank’s branches across the length and breadth of the country.
Tony Elumelu BPI Talk on changing the world YouTube
African businessman and philanthropist Tony O. Elumelu was recently in Paris on the invitation of the French Senate, Business France and Banque publique d’investissement (BPI).
Africa’s Most Intensive Mobile and Online Banking Unveiled
Standard Chartered Bank is bringing its newest mobile and online banking platform to 1 million clients across eight African markets, the most extensive digital rollout of its kind in Africa by an international bank.
FBNBank Ghana launches Corporate campaign
FBNBank Ghana, a subsidiary of First Bank of Nigeria Limited has launched a corporate advertising campaign designed to strategically place excellent customer service at the core of its business operations in Ghana.
StanChartered & USAID’s $60 Million Partnership boosts Zambia’s Power Grid
Standard Chartered continues to deliver on its commitment to bridge Africa’s power gap by facilitating, coordinating and arranging transactions which boost the capacity of national power grids and access to electricity across Africa.
World Bank Battles Pandemics with Groundbreaking Financing Facility
The World Bank Group today launched the Pandemic Emergency Financing Facility (PEF), an innovative, fast-disbursing global financing mechanism designed to protect the world against deadly pandemics, which will create the first-ever insurance market for pandemic risk.
Ecobank, Old Mutual Sign Strategic Agreement
Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, and Old Mutual Emerging Markets (OMEM), a part of the Old Mutual Group, today announced an enhanced strategic agreement that will strengthen existing ties between the leading pan-African bank and the insurance and asset management giant.