Ecobank

Ecobank, officially Ecobank Transnational Incorporated (ETI), is a pan-African banking conglomerate with operations spanning over 30 African countries. It is the leading independent regional banking group in West and Central Africa, serving both wholesale and retail customers, and also maintains subsidiaries in Eastern and Southern Africa.

Founded in 1985 and headquartered in Lomé, Togo, the group reports a presence in as many as 35 African countries (with 38 banking subsidiaries and 19 non-banking subsidiaries), more than 14,982 employees from 43 nationalities, and international offices in Paris, London, Dubai and Beijing. It is listed on three stock exchanges — the NGX, GSE and BRVM (ticker ETIT).

Ecobank offers a broad range of banking and investment services including pan-African lending, trade services, cash management, internet banking, value-chain finance, treasury services, corporate finance, investment banking, and securities and asset management. The group reports 13.7 million mobile app users and 131 million digital transactions, underscoring why innovation in digital banking and payments is highly relevant to its scale and footprint.

For FY2023, the group reported revenue of US$2.06 billion, net income of US$406 million, total assets of US$27.2 billion, and total equity of US$1.73 billion. Key leadership includes Chairman Papa Madiaw Ndiaye and Group Chief Executive Officer Jeremy Awori.