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ETI

Ecobank Holds 32nd AGM June 30.

OMOTAYO ARAOYE Ecobank Transnational Incorporated (ETI), plans to hold its 32nd Annual General Meeting (AGM) by proxy 30th June. The Company Secretary, Madibinet Cisse said the meeting would be in two sessions. The first one is…

Ecobank Loses Revenue, Profit in Q1

Ecobank Transnational Inc.’s experienced operating volatility in the first quarter from a Nine percent growth in gross earnings at the end of last year to a two percent decline in the first quarter of 2020. There is even a wider swing in…

Ecobank: Loan Recovery Rescues Profit

Loan recoveries of close to N46 billion provided the quickening force that saved Ecobank Transnational Inc.’s profit at the end of the third quarter of 2019. The bank recorded an outstanding growth of 106 percent in loan recoveries that…

ETI reports N69.99bn profit in 2017

Ecobank Transactional Bank Plc (ETI) has migrated from a loss of N52.6 billion in 2016 financial year to N69.99 billion profit in 2017. The pan-African bank had reported a loss before tax of N33.7 billion in 2016 as against N88.3 billion…