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Tag "Ecobank Group"

Ecobank signs $250m bridge-to-bond loan with Afreximbank, AFC

    Ecobank signs $250m bridge-to-bond loan with Afreximbank, AFC

The Ecobank Transnational Incorporated (ETI) has signed a $250 million senior unsecured bridge-to-bond loan facility with the African Export-Import Bank (Afreximbank) and Africa Finance Corporation (AFC). Ayo Adepoju, the group

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Ecobank appoints Jeremy Awori as Group CEO as Ade Ayeyemi retires

    Ecobank appoints Jeremy Awori as Group CEO as Ade Ayeyemi retires

Ecobank Transnational Incorporated (ETI) has appointed Jeremy Awori as group chief executive officer (GCEO) designate of its subsidiary, Ecobank Group.  In a corporate filing on Monday, Madibinet Cisse, company secretary,

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ETI pegs interest expenses in Q2 but loan losses advance to N48bn

    ETI pegs interest expenses in Q2 but loan losses advance to N48bn

Ecobank Transnational Inc. overcame the challenge of the rising cost of funds in the second quarter but increasing credit losses claimed a good part of the cost saving achieved. Interest

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No breach of court order in acquisition deal, says Flour Mills, Honeywell

    No breach of court order in acquisition deal, says Flour Mills, Honeywell

Flour Mills Nigeria (FMN) Plc and Honeywell Flour Mills Plc (HFMP) say there is no breach of a court order in the proposed acquisition deal. Joseph Umolu, FMN secretary, said

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Ecobank shuts 74 branches, embraces digital channels

  Ecobank shuts 74 branches, embraces digital channels

Ecobank Nigeria, a subsidiary of the Ecobank group, says it has merged 74 of its branches. The bank says it

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