Business

Ecobank Group Champions Intra-African Trade Growth at IATF 2023

Ecobank Group Champions Intra-African Trade Growth at IATF 2023

Ecobank Group Champions Intra-African Trade Growth at IATF 2023 Ecobank Group, the leading pan-African banking Group, has said it is positioned as the ‘go to’ bank for payments and trade in Africa. Eric Odhiambo, Group Executive, Corporate and Investment Banking, Ecobank Group who was speaking on the ongoing Intra-African Trade Fair 2023 (IATF 2023) taking place in Cairo, Egypt, said the bank’s digital platforms facilitate seamless payments and collections across 35 countries where the Pan African has operation on the continent. He said IATF 2023, the continent’s premier trade and investment event with the theme: “Connecting African Markets” provides a…
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Be Cyber Security Conscious, Ecobank Advises Customers, Gives Reasons

Be Cyber Security Conscious, Ecobank Advises Customers, Gives Reasons

Be Cyber Security Conscious, Ecobank Advises Customers, Gives Reasons Ecobank Nigeria has advised its customers and stakeholders to stay safe online and boost their cybersecurity initiatives against the rising activities of cyber criminals. In a message to customers via email, as part of the Cybersecurity Awareness Month, the bank enjoined customers to integrate four key measures into their online practices to safeguard their personal data from digital threats. These include, using strong passwords and/or a password manager, turning on multifactor authentication, recognizing and reporting phishing and regular update of their phone or computer software, National Association of Online Security News…
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Access Bank Plc, EIB Partner To Empower SMEs, Women Through €50 Million Facility

Access Bank Plc, EIB Partner To Empower SMEs, Women Through €50 Million Facility

Access Bank Plc, EIB Partner To Empower SMEs, Women Through €50 Million Facility Deal to provide access to finance for SMEs as an effective means to foster economic diversification and inclusive growth. At least 30% of funding will support women-led, women-owned businesses or businesses offering a service or product disproportionally benefiting women. The deal supports Nigeria's national action plan, which targets the empowerment of young people and women in alignment with the EU's 2021-2027 Nigeria Multi-Annual Indicative Program (MIP). Access Bank Plc and the European Investment Bank (EIB), on Thursday, signed a memorandum of understanding, to deploy the long-term financing…
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British International Investment partners Access Bank Plc      *Set to extend US$60 million trade finance facility across five African countries

British International Investment partners Access Bank Plc *Set to extend US$60 million trade finance facility across five African countries

British International Investment partners Access Bank Plc *Set to extend US$60 million trade finance facility across five African countries Loan facility will help to ensure availability of key commodities across import-dependent economies and critical inputs for manufacturing goods, medicine, commodities, construction, food and agriculture.Programme aims to stimulate African trade volumes by US$90 million and will contribute to SDGs 8 and 9.BII’s second commitment to one of Nigeria’s leading multinational banks. British International Investment (BII), the UK's Development Finance Institution (DFI) and impact investor, has announced a $60 million trade finance facility for Access Bank Plc in Nigeria and five of…
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Zenith Bank Records Impressive Triple-digit Surge In Topline, Bottomline H1 2023 Result

Zenith Bank Records Impressive Triple-digit Surge In Topline, Bottomline H1 2023 Result

Zenith Bank Records Impressive Triple-digit Surge In Topline And Bottomline H1 2023 Result Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2023, recording an astounding triple-digit growth of 139% in gross earnings from N404.8 billion reported in H1 2022 to N967.3 billion in H1 2023. This is a clear demonstration of its resilience and strong market share despite a very challenging macroeconomic environment and persistent headwinds. According to the bank's audited half-year financial results presented to the Nigerian Exchange (NGX) on Monday, 11th September 2023, the triple-digit growth in the top line also spurred…
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Access Bank To Reward Customers with N135m In DiamondXtra Season 15

Access Bank To Reward Customers with N135m In DiamondXtra Season 15

Access Bank To Reward Customers with N135m In DiamondXtra Season 15 Doles out N6.38bn in 15 years of rewarding scheme Access Bank, a leading financial institution, has announced it would reward customers N135 million in cash prizes to over 800 lucky customers in its season15 DiamondXtra campaign. The bank also noted that in 15 years it had rewarded over 26,000 customers customers with N 6.38 billion. The bank also emphasized that its commitment to encouraging savings and rewarding loyal customers remains unwavering, with this year’s goal aimed at reaching an even larger number of customers compared to previous years. Speaking…
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Access Holdings Receives Karlsruhe Award for Outstanding Business Sustainability Achievement for the Eighth Consecutive Time

Access Holdings Receives Karlsruhe Award for Outstanding Business Sustainability Achievement for the Eighth Consecutive Time

Access Holdings Receives Karlsruhe Award for Outstanding Business Sustainability Achievement for the Eighth Consecutive Time Lagos, Nigeria – July 31, 2023: Access Holdings Plc has been honoured with the prestigious Karlsruhe Award for Outstanding Business Sustainability Achievement for the eighth consecutive time. Presented at the Global Sustainable Finance Conference (GSFC) organised by the European Organisation for Sustainable Development (EOSD) in partnership with the city of Karlsruhe, Germany, the Award underscores the sustainability commitment demonstrated in the way Access Holdings conducts its business operations and activities. Delivering the opening remarks at the Awards event, the Lord Mayor of Karlsruhe, Dr. Frank…
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Ecobank, once again, wins coveted Euromoney award as Africa’s Best Bank for SMEs

Ecobank, once again, wins coveted Euromoney award as Africa’s Best Bank for SMEs

Ecobank, once again, wins coveted Euromoney award as Africa’s Best Bank for SMEs Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. Jeremy Awori, Chief Executive Officer, Ecobank Group, said: “This award reflects Ecobank’s absolute commitment to supporting African SMEs and our continuous suite of innovations – financial and non-financial – to spur their growth and success. We aim to be the bank of choice for Africa’s SMEs. Undoubtedly, these SMEs are…
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“Ecobank’s Single Market Trade Hub: A Game Changer for SMEs in Nigeria” – Kola Adeleke

“Ecobank’s Single Market Trade Hub: A Game Changer for SMEs in Nigeria” – Kola Adeleke

“Ecobank’s Single Market Trade Hub: A Game Changer for SMEs in Nigeria” – Kola Adeleke Ecobank has called on Small and medium Enterprises (SMEs) as well as large businesses in the country to onboard on its Single Market Trade Hub which was launched recently. The Ecobank Single Market Trade Hub is a cutting-edge digital platform that serves as an exchange and information repository designed to respond to the evolving trading needs of SMEs and corporates within Africa's single market. The hub, which is now live, connects traders across Africa, within the 1.4 billion-people single-market framework of the African Continental Free…
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Honeywell’s Judgement Claim is absurd and an Exercise in Futility – Ecobank

Honeywell’s Judgement Claim is absurd and an Exercise in Futility – Ecobank

Honeywell’s Judgement Claim is absurd and an Exercise in Futility – Ecobank Ecobank Nigeria says it remains committed to recovering the debts owed by Honeywell, emphasizing that the return of depositors' funds is crucial for ensuring the continued support and growth of local businesses by the bank. The bank also asserted that the judgement claim by Honeywell Flour Mills Plc is an exercise in futility as the bank would diligently pursue the appeal with the aim of overturning the judgment of the Federal High Court. Ecobank Nigeria Limited has lodged an appeal against the ruling of the Federal High Court,…
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