Ecobank (www.Ecobank.com), the main Pan-African Banking Group, has been named ‘Finest Commerce Finance Financial institution in West Africa’ on the prestigious World Commerce Evaluation’s Leaders in Commerce awards. The award comes as recognition of Ecobank’s options for home and regional provide chain financing throughout key commerce corridors in addition to the financial institution’s arranger roles and participation in key comfortable commodities marketing campaign financing throughout West Africa, notably masking cotton, cacao, soya beans and cashew nuts.
Ecobank’s choices are supplemented by our state-of-the-art E-trade module below the Omni Plus platform. Our merchandise are positioned to assist each our Company and Funding Banking and SME prospects in leveraging on the African Continental Free Commerce Space’s alternatives and rising intra-African commerce. The judges additionally acknowledged Ecobank’s Commerce Companies options, which led the financial institution to commend vital market share on Letters of Credit score throughout the continent, leveraging on its Paris-based affiliate, Ecobank Worldwide, for confirmations, funds, and reductions.
Souleymane Diagne, Group Head, Commerce Finance, Ecobank, stated: “As a Pan-African financial institution with the biggest footprint throughout the continent, a serious ambition of Ecobank is to be the popular commerce financial institution for SMEs and corporates throughout Africa. We’re dedicated to enabling them to reap the benefits of the immense development alternatives fostered by the game-changing African Continental Free Commerce Space. This accolade from World Commerce Evaluation offers welcome recognition of the impression we’re making by means of our suite of commerce merchandise and options, which embody Structured Commerce and Commodity Finance, Commerce Companies and Provide Chain Finance. For our prospects and companions in West Africa and all through sub-Saharan Africa, we’re resolved to proceed delivering worth by means of our commerce and multi-currency funds options, leveraging on our African experience and our community’s benefit.”
Ecobank works carefully with shoppers and leverages on companions inside and out of doors Africa in reviewing key facets of transactions dynamics, together with settlement, financing, threat mitigation, credit score enhancement, syndications and relevant laws.
Of their resolution to declare Ecobank as Finest Commerce Finance Financial institution in West Africa, World Commerce Evaluation’s judges took account of Ecobank’s full suite of commerce merchandise, companies, impression and efficiency throughout Structured Commerce and Commodities Finance, Provide Chain Financing and digital commerce channels, in every of the 15 West African nations during which Ecobank operates.
The award announcement was made at World Commerce Evaluation’s annual awards ceremony held in London final month.
Distributed by APO Group on behalf of Ecobank.
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About Ecobank Transnational Integrated (‘ETI’ or ‘The Group’):
Ecobank Transnational Integrated (‘ETI’) is the dad or mum firm of the Ecobank Group, the main unbiased pan-African banking group. The Ecobank Group employs about 13,000 individuals and serves over 32 million prospects within the client, business and company banking sectors throughout 33 African nations. The Group has a banking licence in France and consultant places of work in Addis Ababa, Ethiopia; Johannesburg, South Africa; Beijing, China; London, the UK and Dubai, the United Arab Emirates. The Group gives a full suite of banking merchandise, companies and solutions-including digital- and never restricted to financial institution and deposit accounts, loans, money administration, advisory, commerce, securities, wealth and asset administration. ETI is listed on the Nigerian Inventory Trade in Lagos, the Ghana Inventory Trade in Accra, and the Bourse Régionale des Valeurs Mobilières in Abidjan. For additional info please go to www.Ecobank.com