Ecobank, the leading pan-African banking group, has won five prestigious awards at the Global Finance Treasury & Cash Management Awards 2022, including Best Bank in Africa for Cash Management and Best Short-Term Investment Provider /African Money Market Funds. In addition, Ecobank Cameroon, Ecobank Côte d’Ivoire and Ecobank Kenya were voted Best Banks in Cash Management 2022 in their countries.
Ade Ayeyemi, Managing Director of Ecobank Groupsaid, “Global Finance’s recognition of the quality of our cash management products and solutions is confirmation of the progress we are making to develop growth without borders, while promoting financial integration across the continent”.
Isaac Kamuta, Group Director of Payments and Cash Management, added: “We have successfully developed a scalable digital payments ecosystem across 33 countries in Sub-Saharan Africa. This ecosystem will allow our customers to effectively exploit the tremendous commercial opportunities that will be offered to companies within the framework of the African Continental Free Trade Area”.
The awards were presented following a multi-level evaluation process, including nominations from banks and providers, as well as contributions from industry analysts, business executives, technology experts and independent researchers. The judging panel also relied on various criteria, including profitability, market share, customer service, product innovation and the extent to which the providers were able to differentiate themselves from their competitors. The awards ceremony is scheduled to take place during the annual Sibos conference in Amsterdam, the Netherlands, in October 2022.
About Ecobank Transnational Incorporated (‘ETI’ or ‘The Group’):
Ecobank Transnational Incorporated (‘ETI’) is the parent company of the Ecobank Group, the first independent pan-African banking group. the Ecobank Group employs approximately 14,000 people serving more than 29 million customers in the retail, commercial and wholesale banking sectors in 33 African countries. The Group has a banking license in France and has representative offices in Addis Ababa in Ethiopia, Johannesburg in South Africa, Beijing in China, London in the United Kingdom and Dubai in the United Arab Emirates. The Group offers a full range of banking products, services and solutions including bank and deposit accounts, cash management, advisory, trading operations, securities trading and wealth management. ETI is listed on several stock exchanges, namely the Nigerian Stock Exchange in Lagos, the Ghana Stock Exchange in Accra and the Bourse Régionale des Valeurs Mobilières in Abidjan.