Ecobank is the leading pan African banking group in Africa with a presence in more African countries than any other bank.
We currently operate in 30 African countries, namely: Benin, Burkina Faso, Burundi, Cape Verde, Cameroon, Central Africa Republic, Chad, Congo, Côte d’Ivoire, DR Congo, Gabon, The Gambia, Ghana, Guinea Bissau, Guinea Conakry, Kenya, Liberia, Malawi, Mali, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, Tanzania, Togo, Uganda Zambia and Zimbabwe.
In all the markets in which we operate, we are recognized as one of the leading banks, providing a full range of wholesale, retail, commercial, investment and transaction banking services and products. To achieve this, we have implemented an International Technology and Shared Services Centre in Accra to provide standardized and automated transaction processing on a 24/7 basis to all affiliates of the Ecobank Group. The centre also has an integrated telecoms network which provides 24/7 connectivity, thus ensuring reliability of its products and services.
Our range of banking products and services to individuals and corporate includes:
- Current Account
- Savings Account
- Deposit Account
- Personal Loan
- Car and Moto Loan
- Mortgages (Home Loan)
- Business Loan
- LCs and Bills for Collections
- Transfer and Payments
- Foreign Exchange
- Western Union
Our customers include governments and government agencies, multinational, regional, multilateral and financial institutions, local companies and medium, small and micro enterprises and consumers.
As a group, our strategy is to build scale through organic growth and acquisitions; grow our businesses in existing markets and expand into new markets, product and customer segments and, deliver improved efficiency through operational and product excellence and superior customer service. To achieve this, we have established “One Bank everywhere You Go”: Ecobank operates as “One Bank” with common brand, standards, policies and processes, which means you get a consistent and reliable service across its network of over 600 branches, offices and over 600 alliances locations.
Our objective is to create superior shareholder value. In 2007, we grew revenues by 56% to US$544 million; customer deposits rose by 89% to US$4.7 billion; profit before tax increased by 47% to US$191 million; and value added totaled US$210 million.
We are well positioned to grow revenues and expand market share by combining our broad product offering with a growing pan African presence.
In each location, our multilingual teams (English, French and Portuguese) are trained to handle all transactions of domestic, regional and international nature.
Above all, Ecobank enforces management standards and policies in the areas of ethics, anti-money laundering, conflict of interest and corporate governance. These policies and standards are periodically reviewed to reflect local requirements and changes in international practices.
Ecobank, today is considered by customers and investors as the leading Pan-African bank.