01/03/2023
CBN in its economic report for January 2022 said, “Total SLF contracted considerably by 52.4 per cent to N338.40 billion from N711.54 billion in December 2021, a fallout of the improved banking system liquidity in the period.”
12/30/2022
In December 2021, Ecobank Togo signed a partnership with five major insurers to provide SMEs, in Togo and 26 other countries covered by the lender, with bancassurance products.
12/28/2022
Our commitment as a bank is to do more in this space and we welcome collaboration from the NACC members in extending Nigeria’s export footprints.
12/27/2022
The SMEEIS is a voluntary initiative of the Bankers’ Committee which was in response to the Federal Government’s concerns and policy measures for the promotion of SMEs as vehicles for rapid industrialisation, sustainable economic development,
12/27/2022
This comes amid the South African payment industry expecting steady but cautious growth over 2023
12/22/2022
The Bank further said it will be expanding its services “at all branches as conditions permit, but gave no details if the said expansion will be be for accepting remittances and depositing money from abroad or full banking services.
12/21/2022
“Part of the reason for this is that many of the downward pressures on ROE in African banking predate the pandemic,”
12/21/2022
“With this new Business Current Account, we can provide personalised banking, in every sense of the word, that prioritises businesses and gives them the tools and facilities they need.”
12/16/2022
Russo said the transaction will positively contribute toward KCB's increased scale of operations by establishing its presence in new markets and providing income diversification from a geographical perspective.
12/16/2022
The facility is structured as a two-year loan with an option for Standard Bank to elect to extend for a further year.
12/16/2022
A closer look at the various digital channels of the company shows that the Ecobank Omni Plus recorded the largest transaction value within the period at $37.8 billion.
12/15/2022
While addressing the students, the Senior Special Assistant on Education to the state Governor, Adetola Salau, said climate change is a real phenomenon that should be understood rather than dismissed.
12/14/2022
Nigeria’s inflation rate according to the National Bureau of Statistics (NBS), moved to 20.77 per cent in September 2022 from 15.6 per cent reported in January.
12/14/2022
Operating profit before impairment charges up 12 per cent to $592.
12/13/2022
Recounting his experience securing a business loan from the Bank, Ken said, “the loan has helped him scale-up business, mainly because of the swiftness in which the loan was appraised and disbursed”.
12/13/2022
The bank started 2022 on a cautious note following the IMF’s plan to cut the global growth forecast due to the high inflationary and high-interest rates environment.
12/13/2022
The banks recorded strong revenue growth in 9M22
12/13/2022
This came on the heels of the award as Number One Bank in Nigeria by Tier-1 Capital by The Banker won by Zenith Bank earlier in the year.
12/09/2022
Revenue grew by 7% from $1.26 billion in recorded the same period of 2021 to $1.35 billion in the period under review.
12/09/2022
The bank rewarded female entrepreneurs who emerged winners in its grand finale of W-Initiative’s Womenpreneur Pitch-A-THON Season four, with prices ranging from N500,000 to N5 million.