Ecobank
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$285m | Post IPO Debt | ||
$310m | Post IPO Debt | ||
$50.0m | Post IPO Debt | ||
€100m | Post IPO Debt | ||
* | $200m | Post IPO Debt | |
Total Funding | €6.4m |
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Recent News about Ecobank
EditEcobank is a regional commercial bank that operates in numerous African countries, providing a wide range of banking services tailored to various client segments including SMEs (Small and Medium-sized Enterprises), local corporates, and the public sector. The bank focuses on delivering growth solutions and championing African businesses, with a strong emphasis on integrity, ethics, and respect. Ecobank's business model revolves around offering specialized financial products and services such as online banking, payment solutions like EcobankPay, and targeted programs like Ellevate, which is designed for women-focused businesses. The bank generates revenue through interest on loans, transaction fees, and other banking services. Ecobank has been recognized for its innovative approaches, winning awards such as the African Banker Awards SME Bank of the Year 2021 and the Global Finance Outstanding Crisis Finance Innovation 2021. The bank also supports online selling for businesses and provides optimized online banking solutions through platforms like Omni Lite.
Keywords: regional bank, SMEs, local corporates, public sector, African business, online banking, payment solutions, Ellevate, growth solutions, integrity.