Africa's best bank for transaction services 2016: Ecobank
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Treasury

Africa's best bank for transaction services 2016: Ecobank

Awards for Excellence 2016

AfE 2016 logo-196 135

Results index 

Africa’s home-grown banks are growing in strength across the whole continent, pushing back the previous dominance of the international institutions. Ecobank’s growth marks a success story of Africa’s growing need for transaction banking services and makes it a deserved winner of our award this year. In 2012 the bank took the decision to separate its transaction banking business and since then it has expanded in strength and reach.

Late in 2015, Ade Ayeyemi, Ecobank’s group CEO, stated it was the bank’s intention to focus further investment on the transaction banking, cards and e-banking businesses. This commitment is evident in its expanding lists of products and services. The bank’s Omni platform connects markets across the continent, providing a single point of access to the 36 African countries in which the bank operates. Users get an overview of their accounts in their choice of either the local or a hard currency, where permitted.

Ade_Ayeyemi_Ecobank-160x186

 

Ade Ayeyemi,
Ecobank
 

Through on-the- ground knowledge and engagement, the bank has developed products to tackle specific market needs, which can vary greatly between the countries.

Gift this article