Ecobank Transnational Incorporated

Type: Company
Name: Ecobank Transnational Incorporated
First reported Apr 17 2014 - Updated Apr 18 2014 - 1 reports

Ecobank Nigeria Partners MasterCard On Debit Card Issuance

VENTURES AFRICA - Ecobank Nigeria , a subsidiary of Ecobank Transnational Incorporated (ETI) has signed a 10 year partnership with e-payment service provider, Mastercard for the issuance of debit cards to the bank's customers in the country.The Nigerian ... [Published 4 Traders - Apr 17 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

Volume and value of shares traded on Tuesday were impressive

but the indices closed trading on the back foot as they were weighed down by decliners.The trading session ended with no gainers, eight equities however slipped with Stanchart leading the list of laggards, it dropped 60GHp to close at GH¢19.00.Societe ... [Published Spy Ghana - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

NSE index edges up by 0.47%

Trading activities on the Nigerian Stock Exchange closed on a positive note on Tuesday, reversing losses made in the previous session.The NSE All-Share Index advanced by 0.47 per cent to close at 39,203.29 basis points, up from 39,020.67 basis points ... [Published Nigeria Punch - Apr 16 2014]
First reported Apr 11 2014 - Updated Apr 11 2014 - 1 reports

Ecobank Innovates with ATM Money Transfer

Ecobank Innovates with ATM Money Transfer11.04.2014 | 10:36 AM E-Banking Trends 0Ecobank Transnational Incorporated (ETI) has disclosed that its customers can now conduct Western Union Account Based Money Transfer (ABMT) services using any Ecobank ... [Published Computer.com - Apr 11 2014]
First reported Apr 11 2014 - Updated Apr 11 2014 - 1 reports

Equities halt two-day rise

Trading floor, Nigerian Stock ExchangeEquities closed on a negative note on Thursday, halting a two-day rise – which saw the value appreciate by N126bn on Tuesday and Wednesday.After  investors had exchanged 256.934 million shares worth 3.725bn in 4,181, ... [Published Nigeria Punch - Apr 11 2014]
First reported Apr 09 2014 - Updated Apr 09 2014 - 1 reports

Sierra Leone News: Ghanaian now heads Ecobank

Ivorian born Thierry Tanoh has finally been removed as Chief Executive Officer (CEO) of Ecobank Transnational.Ghanaian born Albert Essien who became Deputy CEO two years ago, and who has served the Bank for 20 years now has been named as the new CEO.The ... [Published Awoko - Apr 09 2014]
First reported Apr 07 2014 - Updated Apr 07 2014 - 2 reports

Shareholder PIC tells Ecobank to rein in growth pace

Ecobank Transnational’s board had to reconsider the speed at which the pan-African lender was expanding after allegations of management fraud and poor governance, the Public Investment Corporation said last week."One of the key lessons is that the pace ... [Published IOL - Apr 07 2014]
First reported Apr 07 2014 - Updated Apr 07 2014 - 1 reports

Blue-chip Stocks Swell Market Value

NSEThe Nigerian stock market sustained its positive momentum Friday, as the NSE benchmark index appreciated marginally by 0.43 per cent to close at 38,712.76 points, compared with the gain of 0.20 per cent recorded the previous Thursday.Week-on-week, ... [Published This Day Online - Apr 07 2014]
First reported Apr 02 2014 - Updated Apr 02 2014 - 1 reports

IFRS challenge forces coys to delay FY’13 results submission

A growing swarth of delays by many companies quoted on the Nigerian Stock Exchange (NSE) in releasing their 2013 financial results, in what is supposed to be an earnings release season, has been linked with challenges they are facing with implementing ... [Published Business Day Nigeria - Apr 02 2014]
First reported Apr 01 2014 - Updated Apr 01 2014 - 1 reports

Dar, Global Demand for Yuan On the Rise

Beijing — TANZANIA'S demand for Chinese yuan has significantly increased, forcing banks in the country to forge partnerships with their counterparts in the Asian nation to ease financial intermediation.This has pushed the country to join many others in ... [Published AllAfrica.com - Apr 01 2014]
First reported Mar 30 2014 - Updated Mar 30 2014 - 1 reports

Nigerian bourse handles over 1.8bn shares worth $178m

A turnover of 1.870 billion shares worth $178m in 21,632 deals were traded in the past week by investors on the floor of the Nigerian Stock Exchange (NSE).This is in contrast to a total of 1.391 billion shares valued at $129 m that exchanged hands the ... [Published StarAfrica.com - Mar 30 2014]
First reported Mar 24 2014 - Updated Mar 24 2014 - 1 reports

The Inheritors (IV) - Chief Adeyemi Lawson (I)

ECOBANK Transnational Incorporated has announced the departure of Group Chief Executive Officer, Mr Thiery Tanoh with effect from March 12, 2014.." PUNCH, March 12, 2014 p 29.The report by Oyetunji Abioye, also said that "SEC investigated the lender after ... [Published AllAfrica.com - Mar 24 2014]

Quotes

"In Nigeria , increased urbanisation, a growing labour force and the rise of online shopping are fuelling demand for more convenient payments. Using electronic payments to penetrate the country's unbanked population of nearly 80 million also represents a market with huge, untapped potential" MD of Ecobank Nigeria , Mr. Jubril Aku said
...will work, said that customers who accumulate high deposits will be instantly rewarded at the end of every month during the promotion period. "This loyalty promotion is going to reward most customers within the six-month period. In October, a grand awards ceremony will be held whereby the top ten customers who have deposited and maintained the highest deposits throughout the 6 months promotion period will participate in a simple quiz to test their knowledge of EB-ACCION and its services. The customer who wins the quiz will take home a cash prize of GHS 10, 000 and other consolation prizes."
"They are yet to gain traction in the Kenyan market given that they are new entrants in a very competitive banking market."
"Our strategy is to develop a ´pan-African banking network´ by extending our southern and East African country presence from five to approximately 10 countries over the medium term" the bank said in the report

More Content

All (81) | News (77) | Reports (0) | Blogs (3) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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GSE’s market returns to 5.93%. [Published Spy Ghana - Apr 18 2014]
Ecobank Nigeria Partners MasterCard On Debit Ca... [Published 4 Traders - Apr 17 2014]
Volume and value of shares traded on Tuesday we... [Published Spy Ghana - Apr 16 2014]
NSE index edges up by 0.47% [Published Nigeria Punch - Apr 16 2014]
Market capitalisation gains N280b [Published Nigeria Daily Independent - Apr 15 2014]
EB-Accion - To Reward Loyal Customers [Published Business Ghana - Apr 14 2014]
Stock Market Maintains Positive Posture With N1... [Published Individual.com - Apr 14 2014]
ECOBANK GHANA : West African banks struggle in ... [Published 4 Traders - Apr 13 2014]
Ecobank Innovates with ATM Money Transfer [Published Computer.com - Apr 11 2014]
Profit-taking depresses equities as index slips... [Published The Nation Nigeria - Apr 11 2014]
Equities halt two-day rise [Published Nigeria Punch - Apr 11 2014]
Sierra Leone News: Ghanaian now heads Ecobank [Published Awoko - Apr 09 2014]
Nedbank plans African expansion [NEW] [Published Club of Mozambique - Apr 08 2014]
Biggest Investor in South African Stocks Wants ... [Published Bloomberg - Apr 07 2014]
Shareholder PIC tells Ecobank to rein in growth... [Published IOL - Apr 07 2014]
Ecobank must evaluate growth rate –Largest shar... [Published Nigeria Punch - Apr 07 2014]
Blue-chip Stocks Swell Market Value [Published This Day Online - Apr 07 2014]
In Q1, Investors Count Losses as Share Prices ... [Published This Day Online - Apr 06 2014]
Ecobank’s Largest Investor Says Lender Must Eva... [Published Bloomberg - Apr 04 2014]
Nedbank plans to expand pan-African banking net... [Published BDlive - Apr 04 2014]
Wednesday Papers: Osborne fury at FCA insurance... [Published Wealth Manager - Apr 02 2014]
IFRS challenge forces coys to delay FY’13 resul... [Published Business Day Nigeria - Apr 02 2014]
Dar, Global Demand for Yuan On the Rise [Published AllAfrica.com - Apr 01 2014]
Performance on Accra bourse declines [Published Spy Ghana - Apr 01 2014]
Dar, global demand for yuan on the rise [Published Daily News TSN - Mar 31 2014]
'Decline in Foreign Reserve Makes Capital Marke... [Published Individual.com - Mar 31 2014]
Nigerian bourse handles over 1.8bn shares worth... [Published StarAfrica.com - Mar 30 2014]
GSE bounces back with gains [Published Spy Ghana - Mar 29 2014]
GSE update: Ecobank closes day on low [Published Spy Ghana - Mar 27 2014]
The Inheritors (IV) - Chief Adeyemi Lawson (I) [Published AllAfrica.com - Mar 24 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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