Ecobank Wins Awards for Sound Management, Business Model

ecobank retail bank

By Modupe Gbadeyanka

The impressive and sound management, business model and strategic initiatives as well as the pioneering technology of Ecobank have been recognised by the judging panels of two prestigious organisations in London.

Recently, the lender was announced as winner of the of Bank of the Year award as well as the Best Bank at The Banker and EMEA Finance Awards in London.

It was gathered that Ecobank Cameroon, Gambia and Rwanda won Bank of the Year at The Banker Awards on November 28, 2019. This recognition came just before Ecobank Cabo Verde, Gambia, Liberia and Zimbabwe won Best Bank at the EMEA Finance African Banking Awards on December 5.

The Banker is the most prestigious global financial publication and EMEA Finance is widely read by the international banking community.

Commenting on the feats, the Group CEO of Ecobank, Mr Ade Ayeyemi, stated that, “We are pleased to be recognised as Bank of the Year and Best Bank in two distinguished award ceremonies in London.

“This confirms the strength of our brand in multiple countries across Africa, 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.”

The judging panels explained that 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, they opined, are transforming the banking sector and empowering African businesses by providing accessibility and affordability.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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