Ecobank Transnational Incorporated

Type: Company
Name: Ecobank Transnational Incorporated
First reported Sep 01 2014 - Updated 13 hours ago - 1 reports

Nigeria’s 2024 Bond Yield Eases on JP Morgan Index Inclusion

CBN buildingBy Obinna ChimaYields on Nigeria's 2024 bond shed 15 basis points to 11.89 per cent on Friday, after JP Morgan added it to its Government Bond Index-Emerging Market (GBI-EM).This, according to dealers attracted offshore funds.The 10-year benchmark ... [Published This Day Online - Sep 01 2014]
First reported Aug 30 2014 - Updated Aug 30 2014 - 1 reports

West Africa’s BRVM trades 437 670 securities worth $900 000

Copyright : APAA turnover of 437 670 securities worth $900 000 were traded on Friday by investors on the floor of the Regional Securities Exchange (BRVM) of the eight nation West African franc zone in contrast to $622 000 on Thursday.The BRVM 10 index ... [Published StarAfrica.com - Aug 30 2014]
First reported Aug 28 2014 - Updated Aug 28 2014 - 2 reports

Ecobank seeks more capital

There are strong indications that Ecobank Nigeria is considering raising additional capital in order to boost its tier-1 capital.Ecobank Nigeria’s total capital adequacy ratio at the end of the first half of 2014 stood at 13.3 per cent. The additional ... [Published The Nation Nigeria - Aug 28 2014]
First reported Aug 28 2014 - Updated Aug 28 2014 - 1 reports

Accra bourse fails to sustain recovery

The stock market backtracked at the close of the week’s opening session with gains in three equities failing to sustain Friday’s recovery.The benchmark Composite Index (CI) shed 9.73points to close at 2,202.55. This brings the year-to-date return on the ... [Published Spy Ghana - Aug 28 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 2 reports

Ecobank Nigeria Mulls Additional Capital Raising

Ecobank Nigeria is considering raising additional capital in order to boost its tier-1 capital. The subsidiary of Ecobank Transnational Incorporated (ETI) recently raised $250 million in tier-2 capital, thereby lifting its capital adequacy ratio (CAR) ... [Published Street Sweeper - Aug 25 2014]
First reported Aug 22 2014 - Updated Aug 22 2014 - 1 reports

Zimbabwe : ECOBANK invests $120m in different sector in ZIMBABWE

Ecobank , a Pan-African banking group, declared that it has spent more than $120 million in different sectors of the struggling Zimbabwe economy.Three years ago, Ecobank entered into Zimbabwe after acquiring Premier Banking Corporation and it now operates ... [Published HispanicBusiness.com - Aug 22 2014]
First reported Aug 18 2014 - Updated Aug 19 2014 - 1 reports

Ecobank targets 15 percent loan growth in 2014

Pan-African banking conglomerate, Ecobank Transnational Inc (ETI), is aiming 15 percent loan growth in 2014 after achieving 8 percent in the first-half, its chief financial officer said on Monday.Ecobank said its operations in Sierra Leone, Liberia and ... [Published Business Day Nigeria - Aug 18 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Ecobank Continues to Support Zim Economic Growth

Ecobank Zimbabwe will continue harnessing significant lines of credit from its parent company, Ecobank Transnational Inc and from external financiers to support agriculture, infrastructure, energy and mining sectors, a company official said. Ecobank came ... [Published TVNewsCheck - Aug 19 2014]
First reported Aug 08 2014 - Updated Aug 08 2014 - 2 reports

Ecobank Nigeria sells $200m in notes for capital

| credits: File copyEcobank Transnational Inc’s unit in Nigeria sold $200m of dated subordinated notes due in 2021 to join lenders in Nigeria raising funds through debt sales, Bloomberg News reported on Thursday.The issuance has a yield of nine per cent ... [Published Nigeria Punch - Aug 08 2014]
First reported Aug 08 2014 - Updated Aug 08 2014 - 1 reports

Stanbic IBTC to raise N30b Tier II capital

Stanbic IBTC, the Nigerian unit of South Africa’s Standard Bank, plans to raise up to N30 billion in Tier II capital.The  lender’s Managing Director/CEO, Mrs.  Sola David-Borha, who confirmed the capital raise during an analyst’s conference call,  told ... [Published The Nation Nigeria - Aug 08 2014]
First reported Aug 08 2014 - Updated Aug 08 2014 - 2 reports

Again, NSE market capitalisation hit N14trn

Market capitalisation of listed equities on the main board of the Nigerian Stock Exchange (NSE) returned to the N14 trillion mark it recorded in the first half of the year after declining briefly in early part of the second half.This time, it rose by ... [Published Nigerian Tribune - Aug 08 2014]
First reported Aug 05 2014 - Updated Aug 06 2014 - 3 reports

Ecobank 'has made progress'

Lender Ecobank Transnational had made progress in resolving governance problems, the chief executive of its alliance partner Nedbank Group said yesterday."ETI went through some… challenges, but in the last few months… they've made enormous progress," ... [Published 4 Traders - Aug 06 2014]

Quotes

..."What they stood for," Mr Dodoo said, "gives us all the zeal to continue the fight against Ebola and kick it out of Sierra Leone."
He added that: "The conversion will trigger reciprocal board seats. We see it as very positive and we expect that it will happen."
"ETI went through some… challenges, but in the last few months… they've made enormous progress" Mike Brown said
"In a volatile and slowing economic environment our full-year guidance for growth in organic diluted headline earnings a share of greater than the growth in nominal gross domestic product remains unchanged" Brown said

More Content

All (60) | News (56) | Reports (0) | Blogs (3) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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Banks’ loan portfolios expand by 11pct in 6months [Published Hallmark News - 11 hours ago]
Nigeria’s 2024 Bond Yield Eases on JP Morgan In... [Published This Day Online - Sep 01 2014]
West Africa’s BRVM trades 437 670 securities wo... [Published StarAfrica.com - Aug 30 2014]
US Dollars... greater chunk of the capital bein... [Published This Day Online - Aug 30 2014]
South Africa’s Top Investor Pledges Vigorous Go... [Published Bloomberg - Aug 29 2014]
Ecobank donates Le225,000,000 to Government of ... [Published AllAfrica.com - Aug 28 2014]
Ecobank seeks more capital [Published The Nation Nigeria - Aug 28 2014]
Accra bourse fails to sustain recovery [Published Spy Ghana - Aug 28 2014]
Ecobank Nigeria to raise additional capital [Published Nigerian Tribune - Aug 28 2014]
20 companies to form new Stock Exchange’s premi... [Published The Nation Nigeria - Aug 27 2014]
Ecobank Nigeria Mulls Additional Capital Raising [Published Street Sweeper - Aug 25 2014]
Ecobank Nigeria Mulls additional Capital Raising [Published This Day Online - Aug 25 2014]
Investor confidence: Regulators should make mar... [Published Daily Newswatch - Aug 25 2014]
Bulls regain market control on bargain hunting [Published Weekly Trust - Aug 23 2014]
Amazing story of wealthy Ijebu entrepreneurs [Published Daily Newswatch - Aug 23 2014]
Ecobank and eleni join forces for African agric... [Published African Farming - Aug 22 2014]
Zimbabwe : ECOBANK invests $120m in different s... [Published HispanicBusiness.com - Aug 22 2014]
Laggards drag indices down [Published Graphic Ghana - Aug 19 2014]
Four SA banks' ratings downgraded - Moody's [Published Politicsweb - Aug 19 2014]
Give And Stake: This Is What Nedbank's Money Me... [Published 4 Traders - Aug 19 2014]
Investors flock to mutual funds [Published Graphic Ghana - Aug 19 2014]
Banks move to boost capital [Published Graphic Ghana - Aug 19 2014]
Pan-African Ecobank targets 15% growth in loans... [Published 4 Traders - Aug 19 2014]
Market stumbles further on large-cap stocks losses [Published Business Day Nigeria - Aug 19 2014]
Ecobank Continues to Support Zim Economic Growth [Published TVNewsCheck - Aug 19 2014]
Ecobank targets 15 percent loan growth in 2014 [Published Business Day Nigeria - Aug 18 2014]
The bulls could not sustain the Accra Bourse [Published Spy Ghana - Aug 16 2014]
Losses drag NSE index down by 0.8% [Published Nigeria Punch - Aug 14 2014]
Accra Bourse closed the day shedding some points [Published Spy Ghana - Aug 13 2014]
Banks move to boost capital as Basel principle ... [Published Business Day Nigeria - Aug 13 2014]
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MICROCAPITAL BRIEF: Public Investment Corporati... [Published MicroCapital - Mar 05 2014]
Mr Thierry Tanoh, the chief executive officer (CEO) of Togo-based EcoBank Transnational Incorporated (EcoBank), has been called to step down due to allegations of being “unfit to lead” the bank [1]. The demand came from four members of the bank’s executive ...
Public Investment Corp. Asks for Ecobank CEO Ta... [Published Bloomberg via Google News - Mar 01 2014]
Public Investment Corp. Asks for Ecobank CEO Tanoh's Resignation Bloomberg South Africa's Public Investment Corp., the biggest shareholder in Togo's Ecobank Transnational (ETI) Inc., said it wants the immediate resignation of the lender's chief executive ...
MICROCAPITAL BRIEF: EcoBank to Offer Mastercard... [Published MicroCapital - Feb 14 2014]
MasterCard Incorporated, a US-based payments and technology company with operations in 210 countries and territories, reportedly has signed a deal with EcoBank Transnational Incorporated, a Togo-based bank with operations in 20 African countries, to ...
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