Africa’s best bank 2022: Ecobank Transnational

Ecobank Transnational ticks a lot of boxes. The Togo-headquartered bank is undeniably a true regional lender, with a presence in 33 sub-Saharan African markets, from the big (Nigeria, South Africa) to the tiny (São Tomé & Principe, Guinea-Bissau).

Ecobank Transnational ticks a lot of boxes. The Togo-headquartered bank is undeniably a true regional lender, with a presence in 33 sub-Saharan African markets, from the big (Nigeria, South Africa) to the tiny (São Tomé & Principe, Guinea-Bissau).

The bank called 2021 a transformational year, a designation it is hard to refute. Pre-tax profit rose 41.4% year on year to $478 million. It generated a record return on equity of 19% and on assets of 1.3%,

Thanks for your interest in Euromoney!
To unlock this article: