Ecobank Ghana rewards 86 customers in double salary promotion

Posted by - February 11, 2022

Ecobank Ghana yesterday held the first of the planned three-month Ecobank Double Salary Promotion draws. Eight-six lucky customers emerged winners in the first draw, which was held at the bank’s Head Office under the supervision of the National Lotteries Authority (NLA). There will be two subsequent draws in March and April for customers receiving their

Ecobank Ghana PLC, Agriplus renovate Hobor Community CHP Compound

Posted by - December 15, 2021

Ecobank Ghana PLC and Agriplus Limited have supported a team of six students from the Kwame Nkrumah University of Science and Technology to renovate a CHP compound at Hobor in the Ga South District of the Greater Accra Region of Ghana. The project sought to address critical gaps in healthcare delivery system of the CHPs

Ecobank profit grows 27.2% to ¢464.3m in quarter 3, 2021

Posted by - November 1, 2021

Pan African bank, Ecobank Ghana has recorded 27.2% year-on-year growth in profit to ¢464.3 million, as it consolidated its gains as the number one bank in the country. According to its 3rd Quarter Financial Statement, non-funded income contributed significantly to its ‘bottom line’ as growth was up 31.19% year-on-year. As a result, Return-on-Equity was estimated

Ecobank Ghana declares net profit of ¢549m in 2020

Posted by - June 8, 2021

The Ecobank Ghana PLC recorded a net profit of ¢549.8 million in 2020 against ¢444.9 million in 2019, representing an increase of 24 per cent. Customer deposits also rose from ¢99.7 billion in 2019 to ¢11.8 billion, an increase of 21 per cent. Terence Ronald Darko, the Board Chairman of the Bank, disclosed this at

Ecobank records 22% growth in profit in 2020

Posted by - April 1, 2021

Despite the impact of covid-19 on the economy, Ecobank Ghana registered an impressive 22% growth in profit for last year. This is due to a significant increase in interest income during the period. According to its 2020 Financial Statement, the bank’s Return on Equity- an important profitability indicator for shareholders- also grew by 26.0%. Ecobank

Ecobank profit up 16% to GHS381m in Quarter

Posted by - October 30, 2020

Ecobank Ghana recorded a strong financial performance for the third quarter of this year as profit went up by 16% to GHS381 million despite covid-19 pandemic, according to its 2020 Third Quarter Results. The bank’s Return on Equity- an important profitability indicator for shareholders- also grew by 28%. Ecobank which is Ghana’s biggest bank according

Ecobank Ghana,Devtraco sign mortgage financing agreement

Posted by - October 28, 2020

Ecobank Ghana and the Devtraco Group recently signed a mortgage financing agreement under which Ecobank will provide exclusive financing arrangements to would-be homeowners desirous of patronising luxury and middle-income homes from Devtraco Plus and Devtraco Limited. The agreement, which was signed at the ultra-modern head office of Ecobank in Accra, affords high net worth individuals

Ecobank Ghana declares ¢642.4m Profit Before Tax

Posted by - August 14, 2020

Ecobank Ghana has declared a total revenue of ¢1.58 billion and profit before tax of ¢642.4 million for the year ended 31st December 2019, marking a growth of 21% and 27% respectively over the prior year figures. According to Terence Darko, Board Chairman of Ecobank said the bank’s operating expenses growth were well controlled within