The Annual General Meeting was held in Abidjan, Côte d’Ivoire on Wednesday amid shareholders’ support.
Browsing: Ecobank Transnational Incorporated
Ecobank Nigeria now resonates excellence from account opening to payments, collections, savings, and investment and indeed all the touch points. Unequivocally, it has endeared itself in the consciousness of the banking public, regulators, and all stakeholders in the industry. Indeed, the bank is regaining its respect in all spheres which is reflected in the bouquets of global, regional, and national awards and recognitions garnered during the year, 2021.
In accordance with ETI’s Articles of Association, Emmanuel Ikazoboh, a Nigerian, ended his six-year tenure as Chairman on June 30, 2020, having reached the retirement age of 70.
The Nigerian Stock Exchange opened trading for the week on Monday with a loss of 0.60 per cent, amid profit taking as predicted by some market analysts.
Ecobank products on display at the event include the Ecobank Mobile App, which enables customers instantly open Ecobank Xpress Account.
Shareholders welcomed Ecobank’s return to profit for the year ended December 31, 2017 as they approved all the resolutions at the AGM, which included the ratification of the co-option of Monish Dutt, Brian Kennedy and David O’Sullivan as Directors.
The annual awards saw ETI winning the Best Financial Inclusion Initiative Application or Programme with its innovative Xpress Account, while Ecobank Nigeria carted home the Best Transaction Bank in Nigeria, West Africa award.
The financial institution in the first quarter of 2016 posted N16.2 billion profit after tax
Commenting on the results, the Group Chief Executive Officer of ETI, Ade Ayeyemi, said Group revenues remained resilient despite a tough year of macro- economic headwinds including a weaker economic environment, particularly in Nigeria, and the strengthening of our reporting currency – the United States dollar – against all African currencies particularly the Nigerian Naira where 40 per cent of the Group’s revenues have historically been generated
The MOU will see the modernisation of sectors that will have the most immediate and significant impact for African countries