Ecobank Ghana and Bolt have signed a partnership agreement to offer discounts to Ecobank customers who patronise Bolt services and pay with Ecobank cards. Under this partnership, Bolt riders will enjoy a high 50% discount on their first ride and 5% discount on subsequent rides for the next 3 months, provided the rider pays with
Ecobank Ghana and GCB Bank maintained their position as the two biggest banks in Ghana in 2021, the 2022 PwC Ghana Banking Survey Report has revealed. In terms of the banking industry market share (deposits), Ecobank Ghana and GCB Bank controlled 11.93% and 11.43% respectively, keeping its 1st and 2nd positions respectively. The survey stressed
Ecobank Ghana has announced a dividend of GH¢0.81 or 81 pesewas per share to all shareholders for the 2021 financial year. This will however be subject to approval at the company’s Annual General Meeting (AGM) to be held on Friday, 10th June 2022. In a circular, the bank said all shareholders registered in the books of
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 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
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
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
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 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 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
