Ecobank Transnational Inc.

Debt : December 2017

The Ecobank group is the leading Pan-African full services bank, with 12 million customers across Africa.

Amount

€ 12,600,000.00

Type of investment

Debt

Development impacts

  • Private sector consolidation/innovation
  • Financial inclusion

Beneficiary locations

Sub-Saharan Africa:

Investment field

Financial Institutions

Activity

Commercial bank

Organisation

Ecobank Transnational Inc.

Domicile

Togo

More investments in

Ecobank Transnational Inc.

  • Debt € 15,000,000.00 (2012-2019)

Ecobank provides wholesale, retail, investment and transaction banking services to financial institutions, multinationals, governments, local corporates and small and medium sized enterprises and individuals.

BIO’s financing aims to support Ecobank in further growing their SME loan portfolio. BIO granted a USD 15 million loan to ETI in 2012. The company has had a positive evolution since then. Their financials fundamentals have remained strong while expanding their outreach across their 36 countries of operations. The company has adhered to their main mission of providing banking services, supporting the SMEs locally and developing strongly the digitalization front.

Development impacts

  • Private sector consolidation/innovation

    Ecobank has a wide range of financial services that are offered in all the countries of operations. They are leaders and innovators mainly on the digitalization products.

  • Financial inclusion

    ETI is a diversified financial group offering a full set of financial services to small and medium entrepreneurs across 36 countries in Africa.