Ecobank Wins Africa’s Bank of the Year

Pan African financial power house Ecobank has won double awards as “Bank of the Year” and “Best Bank” at The Banker and EMEA Finance Awards which took place over the weekend in London, United Kingdom. The Bank which operates in 33 countries across the African continent has its subsidiaries mop up different awards at the prestigious event.

Group CEO of Ecobank, Mr. Ade Ayeyemi
Group CEO of Ecobank, Mr. Ade Ayeyemi

Three of Ecobank subsidiaries, Ecobank Cameroon, Ecobank Gambia and Ecobank Rwanda had earlier won Bank of the Year at The Banker Awards. This recognition came just before Ecobank Cabo Verde, Gambia, Liberia and Zimbabwe won Best Bank at the EMEA Finance African Banking Awards over the weekend. The Banker is the most prestigious global financial publication and EMEA Finance is widely read by the international banking community.

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Speaking on the Award, the Group CEO of Ecobank, Mr. Ade Ayeyemi, said that the Bank is pleased to be recognised as ‘Bank of the Year’ and ‘Best Bank’ in two distinguished award ceremonies in London. This, he said confirms the strength of the brand in multiple countries across Africa, saying that “our unique pan-African platform and innovative banking products and solutions. Indeed, our One Bank strategy is providing the desired banking excellence for our consumer, commercial and corporate customers across the 33 countries in which we operate on the continent.”

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The judging panels were impressed by Ecobank’s sound management, business model and strategic initiatives as well as its pioneering technology. They highlighted the bank’s recent innovations, including digitalised trade finance products, Ecobank Online & Omni Lite, digital payment solution, Ecobank Pay, and cross-border remittance solution, Rapidtransfer. These products are transforming the banking sector and empowering African businesses by providing accessibility and affordability.

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Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry