Ecobank Ghana Ltd. - Accra

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Company name
Ecobank Ghana Ltd.
Location
Accra Mall, Tettey Quarshie Interchange, Accra, Ghana
Contact number
0302823053
E-mail address
Listed in categories
Banks, Credit Unions
Bank
Banks
banku
bank account
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bank of us
bank statement
Company description
Ecobank Transnational Incorporated (ETI), a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS). In the early 1980’s foreign and state-owned banks dominated the banking industry in West Africa. Commercial banks in West Africa owned and managed by the African private sector were a rarity. Its founders created ETI with the objective of filling this vacuum.

The Federation of West African Chambers of Commerce promoted and initiated a project to create a private, regional banking institution in West Africa. In 1984, Ecopromotions S.A. was incorporated. Its founding  
Show more shareholders raised seed capital for feasibility studies and the promotional activities leading to the creation of ETI.

In October 1985, ETI was incorporated with authorised capital of US$100 million. The initial paid up capital of US$32 million was raised from over 1,500 individuals and institutions from West African countries. The largest shareholder was the ECOWAS Fund for Cooperation, Compensation and Development (ECOWAS Fund), the development finance arm of ECOWAS.

Ecobank signed a Headquarters’ Agreement with the Government of Togo in 1985, which granted it the status of an international organisation. This status came with the rights and privileges necessary for ETI to operate as a regional institution, including the status of a non-resident financial institution. ETI commenced operations with its first subsidiary in Togo in March 1988.

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Branches of Ecobank Ghana Ltd.


Ecobank Ghana Ltd.

19 Seventh Avenue, Ridge West, Accra
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Ecobank Ghana Ltd.

Harbour Commercial Area, Kumasi
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See All 21 Branches

Verified Business

The accuracy of the company profile for Ecobank Ghana Ltd. is validated by the company owner, representative, or directory administrator.
Registered with us in November 2011
Last update on June 2018

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