Ecobank to raise $600 million debt in the next one year
Ecobank Transnational Incorporated (ETI) will raise $600 million through senior secured debts and tier-2 debts over the next year.
Tag: Ecobank
News and Analysis about Ecobank
Ecobank’s pre-tax profit grows 249% to N202 billion in Q1 2024
Ecobank Transnational Incorporated (ETI) posted a pre-tax profit of N201.5 billion during the quarter ending March 31, 2024. This marks ...
Ecobank Signs $250M Bridge-to-Bond Loan with Afreximbank and AFC
Ecobank Transnational Incorporated (ETI) has inked a $250 million senior unsecured bridge-to-bond loan facility, with African Export-Import Bank (Afreximbank) and ...
2023 9M: Ecobank sets to surpass year 2022 performance, while Nigeria business continues to trail
Ecobank Transnational Incorporated has recorded a commendable 9-month performance and is likely to beat its 2022 5-year record performance.
Ecobank records 55% year-on-year profit growth in nine months of 2023
Ecobank Transnational Incorporated (ETI) has posted a pre-tax profit of N262.2 billion for the nine months ending September 2023, representing ...
Ecobank warns customers of SIM card fraud increase
Ecobank has raised alarm on the dangers of SIM swap fraud.
Ecobank Group reports 63% increase in pre-tax profit for Q2 2023
Ecobank Group Plc released its 2023 second-quarter results showing a 63% increase in pre-tax profits to N92.52 billion.
Ecobank Nigeria sets to appeal Honeywell’s purported N72 billion court judgement
Ecobank Nigeria Limited says it will appeal a judgement by the Federal High Court in Lagos, presided over by Hon. ...
Fitch foresees upgrade of Ecobank’s national ratings as exchange-rate volatility recedes
Fitch Ratings says it foresees an upgrade of ENG's National Ratings which would result from strengthening its creditworthiness relative to ...
ETI seeks to play a key role in driving the growth of SMEs, Fintech in Africa
ETI says that it seeks to play a major role in driving SMEs, Fintech, and market development growth in Africa.
