Ecobank Group has announced a significant milestone, reporting a net revenue exceeding $2 billion for the first time since 2015. This achievement underscores the early success of the bank’s Growth, Transformation, and Returns (GTR) strategy. Key financial indicators reflect the robust performance of the bank: Return on Tangible Equity (ROTE) stands at 24.9%, Cost-to-Income ratio…...
Trending
- The World Bank grants $100 million in funding to Senegal to transform urban transport
- South Africa: inflation remains under control at 2.8% in May, the lowest since 2020
- DRC: Minister of Justice, Constant Mutamba, announces his resignation
- Ghana: Gold production expected to reach 5.1 million ounces by 2025
- Tanzania: Central Bank buys gold from four local producers to strengthen foreign reserves
- DRC: DGI achieves performance with 327 million USD mobilized in one week
- Senegal: The State launches a new bond issue of 300 billion CFA francs to finance structuring projects
- Coris Bank Chad officially launched
Ecobank Group Achieves Record Net Revenue Surpassing $2 Billion Milestone
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com