Ecobank Transnational Incorporated (ETI)
Region
Commitment (MNOK)
Status
ETI was founded in 1985 and progressively expanded its presence across 33 sub-Saharan Africa countries. The Group is organized around four geographical regions: Francophone West Africa (UEMOA) where its has 38% of Group assets, Central, East, and Southern Africa (CESA) where it has 23% of Group assets, Nigeria (21%) and Anglophone West Africa (AWA) where it has 17% of Group assets. The Group ranks among the top-three banks, by assets, in 16 countries, with particularly strong franchises in its core West-African markets of UEMOA and AWA (mainly Ghana). Ecobank has a strong brand recognition through a substantial network of over 24 million customers served by some 14,000 employees and 690 branches across the continent.
Key information
- Sector:
- Financial Inclusion
- Commitment (MNOK):
- 422.3
- Year:
- 2021
- Region:
- Africa
- Country:
- Regional
- Domicile:
- Togo
- Instrument:
- Loans
- Status:
- Active
- Mandate:
- Development
Additionality Ecobank Transnational Incorporated (ETI)
This investment is particularly additional on the following ambitions:
- Investing in the poorest countries
- Investing in the most capital constrained markets
- Investing in the riskiest markets
- Investing in difficult business environments
- Investing in sectors with high development needs
- Improving social and environmental performance