Best bank: Ecobank Gabon
Ecobank Gabon delivered strong growth over the awards period while also expanding its product suite.
The bank’s total assets, operating revenue and profit before tax rose by 59%, 42% and 74% respectively. Return on tangible equity reached 42%, increasing by 13 percentage points, while the non-performing loan ratio fell by 2.3 percentage points, from 7% to 4.7%.
The bank saw substantial growth in transaction volumes which were up by 31% to $528 billion.
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