Ecobank Togo

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Ecobank Togo Active This profile is actively maintained Send feedback on this profile Created before Nov 2016 Last update: Sep 17 2021 About Ecobank Ecobank Transnational was established in 1985. Ecobank, based in Togo, is a commercial bank operating in 36 African countries. The bank provides wholesale, retail, and investment banking services to governments, financial institutions, multinationals, SMEs and individuals. These services are delivered by three business segments: Corporate Bank, Domestic Bank and Ecobank Capital. Ecobank became a signatory to the Equator Principles in January 2012, and is profiled as part of BankTrack's Tracking the Equator Principles campaign. Website http://www.ecobank.com/group/ Headquarters 2365 Boulevard du Mono B.P. 3261 Lomé Togo CEO/chair Ade Ayeyemi Group CEO Supervisor Banque Centrale des Etats de l'Afrique de l'Ouest Annual Annual report 2020 reports CSR report 2019 Ownership listed on BRVM Stock Exchange, Ghana Stock Exchange & Nigeria Stock Exchange Ecobank Transnational's largest shareholders are Nedbank (28.6%) and Qatar National Bank (27.1%), date listed September 17 2021. The bank's complete shareholder structure can be accessed here. Complaints Ecobank has a Grievance Procedure in place that "allows the public to make enquiries or express concerns related to the and bank’s environmental and social policy and/or projects that it finances". The procedure can be accessed here. grievances Sustainability Voluntary initiatives Ecobank has committed itself to the following voluntary standards: Equator Principles Nigerian Sustainable Banking Principles Principles for Responsible Banking (PRB) UNEP Finance Initiative United Nations Global Compact Investment policies Ecobank's webpage on corporate social responsibility can be accessed here. Sustainable finance framework May 31 2021 | Ecobank Sustainable finance framework - eligibility assessment May 28 2021 | Ecobank Anti-money laundering policy Sep 29 2020 | Ecobank Ecobank Grievance Procedure Jun 12 2017 | Ecobank BankTrack campaigns and Ecobank Equator Principles Implementation and reporting The Equator Principles require that adopting banks publicly report on the implementation of the principles. You can find the reporting requirements for EPFIs here. Ecobank is reporting on the implementation here. Contact and complaints The Equator Principles currently lack a formal complaints mechanism. Should you have any concerns or complaints about how the Equator Principles are being applied in a specific project in which Ecobank is also involved, please get in touch with our Equator Principles team. Good moves.

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Ecobank Group Annual Report 2018 Building
BUILDING AFRICA’S FINANCIAL FUTURE ECOBANK GROUP ANNUAL REPORT 2018 BUILDING AFRICA’S FINANCIAL FUTURE ECOBANK GROUP ANNUAL REPORT 2018 ECOBANK GROUP ANNUAL REPORT CONTENTS 05 Performance Highlights 08 Ecobank is the leading Pan-African Banking Institution 09 Business Segments 10 Our Pan-African Footprint 15 Board and Management Reports 16 Group Chairman’s Statement 22 Group Chief Executive’s Review 32 Consumer Bank 36 Commercial Bank 40 Corporate and Investment Bank 45 Corporate Governance 46 Board of Directors 48 Directors’ Biographies 53 Directors’ Report 56 Group Executive Committee 58 Corporate Governance Report 78 Sustainability Report 94 People Report 101 Risk Management 141 Business and Financial Review 163 Financial Statements 164 Statement of Directors’ Responsibilities 165 Auditors’ Report 173 Consolidated Financial Statements 178 Notes to Consolidated Financial Statements 298 Five-year Summary Financials 299 Parent Company’s Financial Statements 305 Corporate Information 3 ECOBANK GROUP ANNUAL REPORT 3 PERFORMANCE HIGHLIGHTS 5 ECOBANK GROUP ANNUAL REPORT PERFORMANCE HIGHLIGHTS For the year ended 31 December (in millions of US dollars, except per share and ratio data) 2018 2017 Selected income statement data Operating income (net revenue) 1,825 1,831 Operating expenses 1,123 1,132 Operating profit before impairment losses & taxation 702 700 Impairment losses on financial assets 264 411 Profit before tax 436 288 Profit for the year 329 229 Profit attributable to ETI shareholders 262 179 Profit attributable per share ($): Basic
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Opportunity Everywhere JUMO Is a Full Technology Stack for Building and Running financial Services
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Airtel Partners with Ecobank
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Ecobank Group
PUBLIC Ecobank Group FY 2020 Earnings Investor Presentation 23 March 2021 © Ecobank Group 2021| FY 2020 Earnings Presentation | 23 March 2021 1 PUBLIC PUBLIC 1 Introduction Ade Ayeyemi, Group Chief Executive Officer 2 Risk Management Eric Odhiambo, Group Chief Risk Officer 3 Financial Review Ayo Adepoju, Group Chief Financial Officer 4 Q & A © Ecobank Group 2021| FY 2020 Earnings Presentation | 23 March 2021 2 PUBLIC PUBLIC INTRODUCTION Ecobank focused on its ‘Execution Momentum’ agenda, serving 1 customers, and achieved a decent set of results despite COVID-19’s challenges and an uncertain outlook Ade Ayeyemi, Group Chief Executive Officer © Ecobank Group 2021| FY 2020 Earnings Presentation | 23 March 2021 3 PUBLIC PUBLIC Key Investment Highlights 1 Leading Pan-African • Unique footprint across 35 African countries benefitting from attractive LT macro and sector fundamentals • Regional leadership position as either a market leading or a top-3 bank in 16 countries Franchise: Strong • Preferred partner for governments and global development institutions such as the United Nations Positioning and • “One Bank” with strong brand recognition through a substantial network of over 24 million customers, served by Preferred Partner ~14,000 employees and 690 branches across the continent 2 • Geographic diversification: UEMOA represents 30% of FY20 Revenues, AWA 28%, Nigeria 16%, CESA 27%(1) Diversified Business • Business model diversification: CIB (55% of FY20 Net revenue), CB (22%), Consumer (23%)(1) Model • Integrated technology platform eProcess enables central manufacture of products rolled out consistently across the platform • Recognised for innovation in African banking (Global Finance and African Banker Awards, 2020) 3 • Leadership in technology adoption to drive financial inclusion.
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Doing Business in NIGER: 2012 Country Commercial Guide for U.S. Companies INTERNATIONAL COPYRIGHT, U.S. & FOREIGN COMMERCIAL SERVICE AND U.S. DEPARTMENT OF STATE, 2010. ALL RIGHTS RESERVED OUTSIDE OF THE UNITED STATES. Chapter 1: Doing Business in Niger Chapter 2: Political and Economic Environment Chapter 3: Selling U.S. Products and Services Chapter 4: Leading Sectors for U.S. Export and Investment Chapter 5: Trade Regulations, Customs and Standards Chapter 6: Investment Climate Chapter 7: Trade and Project Financing Chapter 8: Business Travel Chapter 9: Contacts, Market Research and Trade Events Chapter 10: Guide to Our Services Return to table of contents Chapter 1: Doing Business in NIGER Market Overview Market Challenges Market Opportunities Market Entry Strategy Market Overview Return to top Democracy and constitutional rule were restored in 2011 and a new national constitution overwhelmingly approved in an October 2010 referendum included provisions for better governance. The World Bank and the Brookings Institute Worldwide Governance Indicators ranked Niger in the median group of countries considered as under the rule of law. The 2011 Mo Ibrahim African Governance Index listed Niger as among countries that have improved in terms of ―safety and rule of law,‖ giving it a score of 50 out of 100. Following the April 2011 restoration of democracy, Niger‘s elected government announced its commitment to attracting private investors. Under the Investment Code, industrial investors enjoy tax and customs exemptions, and in some cases exemptions from value added tax (VAT). Other tax benefits are possible, but terms must be negotiated with the Ministry of Commerce and Private Sector Promotion on a case-by-case basis.
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Banks and Other Financial Institutions Central Bank Reserve Bank of Zimbabwe 80 Samora Machel Avenue P. O. Box 1283 Harare Tel
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Ecobank Nigeria Limited
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CHALLENGES OF STRATEGY IMPLEMENTATION AT ECOBANK KENYA LIMITED PHYLLIS AYUMA WETANGULA A MANAGEMENT RESEARCH PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF THE MASTER OF BUSINESS ADMINISTRATION (MBA) DEGREE AT THE SCHOOL OF BUSINESS, UNIVERSITY OF NAIROBI OCTOBER 2010 DECLARATION STUDENT’S DECLARATION I declare that this project is my original work and has never been submitted for a degree in any other university or college for examination/academic purposes. Signature: ……………………………………………..Date:………………………………… PHYLLIS AYUMA WETANGULA REG. NO: D61/70251/2008 SUPERVISOR’S DECLARATION This research project has been submitted for examination with my approval as the University Supervisor. Signature…………………………………….….Date………………………………….. JEREMIAH KAGWE LECTURER: UNIVERSITY OF NAIROBI ii DEDICATION I dedicate this work in loving memory of my late parents Mr. David Habwe and Mrs. Ruth Asami Habwe who impressed on me the importance of education and encouraged me to pursue further studies. Mum, Dad, I miss you, but I am sure wherever you are, you are proud of me. I also dedicate this study to my loving husband Hon. Moses Wetang’ula and children, Sylvia, Eugene, Alvin, Fidel and Pauline who gave me enormous support financially and through encouragement, and sacrificed family time together to ensure I achieved my dream of obtaining a Masters Degree. May the Almighty God bless you all. iii ACKNOWLEDGEMENT I take this opportunity to give thanks to the Almighty God for seeing me through the completion of this project. The work of carrying out this investigation needed adequate preparation and therefore called for collective responsibility of many personalities. The production of this research document has been made possible by invaluable support of many people.
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