Ecobank Transnational Incorporated

Type: Company
Name: Ecobank Transnational Incorporated
First reported 4 hours ago - Updated 3 hours ago - 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 - 4 hours ago]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Investors flock to mutual funds

Investors are turning their attention away from the stock exchange and have developed a healthy appetite for fixed income securities and treasury bills for high yields.The appetite for high-yielding securities is as a result of rising interest rates, ... [Published Graphic Ghana - Aug 19 2014]
Entities: Ghana, Stocks, Stock Market
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Banks move to boost capital

Normal0falsefalsefalseEN-GBX-NONEX-NONEA transition to Basel requirements by Nigerian banks is expected to hit dividend payouts as lenders move to conserve and boost capital.The Central Bank of Nigeria (CBN) published two circulars in December 2013 indicating ... [Published Graphic Ghana - Aug 19 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Pan-African Ecobank targets 15% growth in loans, deposits, revenue for 2014

Pan-African banking group Ecobank Transnational Incorporated (ETI) targets a 15% y/y growth in loans, deposits and revenue this year, the bank said in a presentation on its website. It said it is on track to achieve its targets, which include also a cost-to-income ... [Published 4 Traders - Aug 19 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Market stumbles further on large-cap stocks losses

Trading on the floor of the Nigerian Stock Exchange (NSE) further closed in the red zone yesterday.Driven by losses recorded by equities like that of Flour Mills Nigeria plc, Oando plc, Guaranty Trust Bank plc, Lafarge Cement WAPCO plc, and FBN Holdings ... [Published Business Day Nigeria - Aug 19 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 13 2014 - Updated Aug 13 2014 - 1 reports

Accra Bourse closed the day shedding some points

The stock market closed the day shedding some points after a sturdy performance on Tuesday The indices as a result backtracked on the back of declines in three equities. Volume and value also declined from the last session.Benso Oil Palm and Stanchart ... [Published Spy Ghana - Aug 13 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

"The conversion will trigger reciprocal board seats. We see it as very positive and we expect that it will happen,” the Ecobank CEO added."
"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
Addressing shareholders at the AGM, the outgoing Interim Chairman, Mr. André Siaka, commented: "The Board is committed to establishing the highest standards of corporate governance. We will learn from the recent past, address all of the issues and lay firm foundations for Ecobank’s continued success in the future."

More Content

All (56) | News (52) | Reports (0) | Blogs (3) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
sort by: Date | Relevance
Zimbabwe : ECOBANK invests $120m in different s... [Published HispanicBusiness.com - 4 hours ago]
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]
Investors await GTBank, Access Bank, Dangote Ce... [Published The Nation Nigeria - Aug 13 2014]
Checking an insatiable urge [Published The Nation Nigeria - Aug 13 2014]
CfC eyes oil, gas and infrastracture deals [Published The Star (Kenya) - Aug 12 2014]
Nedbank : H1 earnings rise 17.5% y/y on strong ... [Published 4 Traders - Aug 11 2014]
NSE: Market indicators grow by 1.5% [Published People Daily - Aug 11 2014]
Nedbank faces Ecobank poser [Published Times Live South Africa - Aug 10 2014]
Ecobank Nigeria sells $200m in notes for capital [Published Nigeria Punch - Aug 08 2014]
Stanbic IBTC to raise N30b Tier II capital [Published The Nation Nigeria - Aug 08 2014]
Ecobank Nigeria Raises $200m Tier-2 Capital [Published This Day Online - Aug 08 2014]
Again, NSE market capitalisation hit N14trn [Published Nigerian Tribune - Aug 08 2014]
NSE market Cap climbs to new high, as Forte Oil... [Published Nigeria Daily Independent - Aug 08 2014]
Accra Bourse fails to recover from losses [Published Spy Ghana - Aug 07 2014]
Equities record modest gain amid increasing sel... [Published The Nation Nigeria - Aug 07 2014]
NSE Cap now N13.98tr, as Mobil leads gainers [Published Nigeria Daily Independent - Aug 07 2014]
Large-cap stocks fail to bail reeling market [Published Business Day Nigeria - Aug 06 2014]
Seplat, Guinness, Mobil, others gain [Published Business Day Nigeria - Aug 06 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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