Site icon African Eye Report

Ecobank Completes Divestment of Mozambique Subsidiary to FDH Bank Plc

Ecobank

Lome, Togo// – Ecobank Transnational Incorporated has completed the sale of its stake in Ecobank Mozambique S.A. to FDH Bank Plc, concluding the strategic transaction announced on August 5th, 2025.

 

The transaction, which received all necessary regulatory approvals, marks Ecobank’s full divestment from Mozambique, according to a press release issued and signed by the Company Secretary of Ecobank, Madibinet Cisse.

With this completion, FDH Bank Plc assumed full ownership and operational responsibility of the bank that was formerly owned in Mozambique by Ecobank, it concluded.

African Eye Report

Exit mobile version