The Banker magazine named Ecobank affiliates as “the Bank of the Year 2011” in nine African countries: Burundi, Burkina Faso, the Central African Republic, Guinea-Bissau, Mali, Niger, the Republic of Congo, Senegal and Togo.
The awards, now in their twelfth year and organised by the leading global banking and finance publication, recognize the achievements of the world’s top financial institutions. Criteria for choosing the winners included growth in assets, profitability, shareholder returns, strategic relationships, customer service, competitive pricing, innovative products and the level of support for SMEs in the post-crisis period.
A team of Ecobank’s senior executives attended the prestigious event at the Intercontinental Park Lane Hotel, London, with Ehouman Kassi, Head of Investment Banking, Ecobank Group, accepting the awards on behalf of Ecobank.
Commenting on the awards, Ecobank Group CEO, Arnold Ekpe, said: “Whilst we should not fail to recognize the consistent and steady progress made by our affiliates with a track record of success in these annual awards, the accomplishments of Ecobank Burundi and Ecobank Guinea-Bissau are particularly encouraging, given the significant turnaround in financial performance that they have both achieved.”
Source: CSR Africa.Net – Millicent Njeri – Press Release – 13 Dec 2011