Nedbank first-half earnings jump as Ecobank returns to profit

2018-07-26 11:55

First-half earnings rose between 23% and 28% from a year ago, after Ecobank Transnational, the lender in which it holds a 20% stake, returned to profit.

Zim's EcoCash tightens transaction limit as forex crisis deepens

2017-08-15 15:16

Zimbabwe’s cash crisis seems to be worsening, with Econet subsidiaries putting further restrictions on the foreign currency its customers can access for US dollar payments.

Rand may benefit from desperate search for yield - economist

2017-03-10 15:34

The rand has done well over the past few months due to a desperate search for yield, according to Dr Edward George, head of Ecobank UK.

Rushed growth at Ecobank concerning - IMF

2015-02-06 17:45

Rushed growth and poor governance at pan-African lender Ecobank poses serious concerns, says the IMF in a report

Ecobank to focus on existing businesses: CEO

2014-10-06 09:45

Pan-African lender Ecobank plans to wind down its strategy of rapid expansion across Africa and focus on existing businesses, says its chief executive.

Africa needs to make agriculture create wealth

2014-08-29 17:30

In Africa export crops like coffee, tea, cotton and cocoa are often produced by smallholders whose incomes cannot support families and pay for better harvests.

Ecobank made governance progress - Nedbank

2014-08-05 13:00

Pan African lender Ecobank Transnational has made progress in resolving governance problems, says the CEO of its alliance partner Nedbank Group.


Brighter outlook for anglophone West Africa - Ecobank

2018-05-07 14:59

The economic forecast for Anglophone West Africa is looking brighter according to analysis by Ecobank’s research team.

Nedbank mid-year profit takes knock on Ecobank losses

2017-08-02 12:14

Nedbank has reported a 3.7% fall in mid-year profit, with numbers negatively impacted by the poor performance of its West African banking partner Ecobank.

Companies forge stronger ties

2016-05-20 18:15

Ecobank and Old Mutual have announced an enhanced strategic agreement to strengthen existing ties and offer customers more services.

Togo court awards ex-Ecobank CEO Tanoh $11.6m

2015-02-04 15:15

A Togo court has awarded Thierry Tanoh, the former boss of pan-African lender Ecobank, $11.6m after he filed a wrongful dismissal suit when the bank fired him.

Nedbank to take Ecobank stake for R5.54bn

2014-10-02 20:26

Nedbank will acquire a 20% stake in pan-African lender Ecobank Transnational for about R5.54bn in cash, despite a crisis over corporate governance.

Ecobank bets on Nedbank taking 20% stake

2014-08-19 15:09

Pan-African lender Ecobank is expecting South Africa's Nedbank to convert a $285m loan to shares in Ecobank before the end of the year.

Ecobank pre-tax profit rises

2014-08-01 17:00

Pan-African banking group Ecobank says its half year to June pre-tax profit has risen compared to the same period last year.

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