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Tag: Ecobank

Africa: Ecobank Group Plans 0m Raise to Refinance Debt
  • Africa

Africa: Ecobank Group Plans $500m Raise to Refinance Debt

eriinfo.com6 days ago04 mins

Ecobank Transnational Incorporated (BRVM: ETIT) is preparing to raise $500 million through a subordinated debt issue as it moves to refinance part of its balance sheet ahead of a regulatory deadline in June 2026. The Lomé-based lender plans to use the proceeds to exercise a call option on about $350 million of existing Tier 2…

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Africa: Ecobank Group Plans 0m Raise to Refinance Debt
  • Africa

Africa: Ecobank Group Posts Record Revenue As Africa’s Macro Climate Turns

eriinfo.com3 weeks ago05 mins

Ecobank Transnational Incorporated posted its best-ever full-year revenue in 2025, driven by loan growth, higher fees, and a more stable currency environment across sub-Saharan Africa. Net revenue rose 17% to $2.45bn (1.42tn XOF), while pre-tax profit climbed 21% to $801m (466bn XOF), as the pan-African lender (BRVM: ETIT) — present in 39 countries — showed…

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Africa: Ecobank Group Plans 0m Raise to Refinance Debt
  • Africa

Africa: Nedbank Earnings Rise 2 Percent After Ecobank Exit and Transnet Settlement

eriinfo.com2 months ago05 mins

Nedbank Group reported a 2% increase in headline earnings to R17.2 billion for the year ended Dec. 31, 2025, as it completed the sale of its Ecobank stake and settled a dispute with Transnet. Diluted headline earnings per share rose 3% to 3,628 cents. Return on equity eased to 15.4% from 15.8%. The bank declared…

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  • Africa: Murky Manganese – the Ghanaians Who Will Pay the Price for EV Batteries
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