ECOBANK is Best Emerging Market Bank

ECOBANK has been selected as the Best Emerging Market Bank in Cote d'Ivoire, in an exclusive survey to be published in the May 2008 issue of Global Finance magazine.
Global Finance editors - with input from analysts in the industry, corporate executives and banking consultants, selected ECOBANK based on the criteria which includes growth in assets, profitability, strategic relationships, customer service, competitive pricing and innovative products.
A statement issued by the bank quoted Mr Joseph D. Giarraputo, Publisher and President of Global Finance, as saying “We have identified the banks that provide service to corporations seeking to take advantage of substantial opportunities for growth in a sometimes challenging environment”.
It said the ECOBANK Group's Chief Executive Officer, Arnold Ekpe, said “The choice of ECOBANK confirms our position as a leader in the emerging African banking industry and our long-term commitment to the African continent”.
Ms Evelyne Tall, ECOBANK Executive Regional Director for the UEMOA Region, stated that “we are proud of this distinction. It highlights our commitment as a world-class Pan- African bank, to provide convenient, accessible and reliable banking and financial products and services to our customers in Africa”, the statement added.
Mr Charles Daboiko, Managing Director of Ecobank Côte d'Ivoire said “this distinction rewards our dedication to provide superior customer service, before and during difficult times. It motivates us to work harder for our customers, including investors, during this post-conflict era”.
Incorporated in 1985, ECOBANK Transnational Incorporated (ETI) is the parent company of the largest independent regional banking group in Africa.
The ECOBANK Group currently operates in 22 African countries, namely: Benin, Burkina-Faso, Cameroon, Cape Verde, Central African Republic, Chad, Congo-Brazzaville, Côte d'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Malawi, Mali, Niger, Nigeria, Liberia, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, and Togo.
In addition, ETI is listed on the stock exchanges in Lagos, Accra and Abidjan (BRV).
The group has over 8,000 employees in over 450 branches. ECOBANK is a full-service bank providing wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organisations, medium, small and micro-businesses and individuals.
Global Finance, which celebrates its 21st year of publishing in 2008, has 50,000 subscribers and more than 284,000 readers in over 158 countries. This audience includes chairmen, presidents, CEOs, CFOs, treasurers and other financial officers responsible for making investments and strategic business decisions for large global companies and financial institutions.
Global Finance also targets the 8,000 key portfolio investors who control over 80 per cent of all assets under professional management.