Ecobank Transnational Inc.
Ecobank Group is commercial bank with the most extensive network in sub-Saharan Africa and with a presence in 32 countries.
Amount
€ 15,000,000.00
Type of investment
Debt
Development impacts
- Local economic growth
- Financial inclusion
Beneficiary locations
Investment field
Financial Institutions
Activity
Commercial bank
Ecobank is a modern pan-African financial institution providing financial solutions to businesses, governments and individual customers.
BIO's long-term contribution of resources will make it possible to finance the new IT platform and the development of the group's distribution network. In addition, our loan will allow Ecobank to diversify its sources of financing. BIO's presence alongside similar institutions such as IFC, FMO, Proparco and EIB will have a positive impact on the market's perception of the group.
Development impacts
-
Local economic growth
Credit provision to MSMEs; Mobilization of local savings
-
Financial inclusion
Access to financial services for individuals and micro-enterprises.
View more of our investments in this region
Investment Companies & Funds
African Rivers Fund IV
10,000,000.00
Angola, Democratic Republic of Congo, Uganda, Zambia
05/12/2024
Equity
