By Modupe Gbadeyanka
Ecobank Transnational Incorporated (ETI), the parent body of Ecobank, has explained why it has delayed announcing its results for the year ended December 31, 2016 like other firms have done.
According to a statement signed by the bank’s Group Chief Financial Officer, Mr Greg Davis, the delay was caused by approval of regulatory agencies.
Mr Davis noted that audited Financial Statements have already been approved by the Board of Directors of Ecobank.
“The delay is on account of awaiting the regulatory approval for the release of results for Ecobank Nigeria,” he said.
He said the bank “apologizes for any inconvenience caused,” promising that Ecobank “will update the market in due course, following with an analysts and investor conference call to discuss the financial results.”
Aduragbemi Omiyale 
Adedapo Adesanya