Ecobank

Ecobank, whose official name is Ecobank Transnational Inc. (ETI), but is also known as Ecobank Transnational, is a pan-African banking conglomerate, with banking operations in 36 African countries. It is the leading independent regional banking group in West Africa and Central Africa, serving wholesale and retail customers. It also maintains subsidiaries in Eastern Africa, as well as in Southern Africa. ETI has representative offices in Angola, China, Dubai, France, South Africa and in the United Kingdom.

Overview

ETI is a large financial services provider with offices in 39 countries around the world, and presence in 36 sub-Saharan countries. As of December 2012, ETI's customer base was estimated at 13.7 million, with 9.6 million (70.2%), located in Nigeria, the continent's most populous nation. At that time, the group's total assets were valued at US$20.0 billion, with shareholders' equity of US$2.176 billion. ETI's branch network numbered 1,305, with 1,981 networked ATMs. The bank had 19,565 employees, in 39 countries, in Africa, Asia and Europe, at the end of March 2014.