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Ecobank Transnational Incorporated logo — Empowering West Africa with seamless banking solutions since...

Ecobank Transnational Incorporated

Empowering West Africa with seamless banking solutions since 1985

Founded 1985 Togo Togo 2782 employees Post-IPO Debt Total: $1.93B Finance, Financial Services +1

General Information

Company Name Ecobank Transnational Incorporated
Founded Year 1985
Location Togo Togo
Founders / Decision Makers
Team member
Employees 2782
Industries Finance, Financial Services, Banking
Funding Stage Post-IPO Debt
Social

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About Ecobank Transnational Incorporated

Ecobank is a leading banking institution in West Africa, dedicated to providing seamless banking solutions since 1985. The company was founded as a response to the dominance of foreign and state-owned banks in the West African banking industry. It was initiated by the Federation of West African Chambers of Commerce and Industry with support from the Economic Community of West African States (ECOWAS). Ecobank Transnational Incorporated (ETI) was established with authorized capital of US$100 million, with the initial paid-up capital of US$32 million raised from over 1,500 individuals and institutions across West African countries. ETI also holds the status of an international organization, granting it the rights and privileges necessary to operate as a regional institution. The company began its operations with its first subsidiary in Togo in March 1988. In March 2024, Ecobank secured a significant $250.00M Post-IPO Debt investment, demonstrating investor confidence in the company's growth and potential impact. As a key player in the Finance, Financial Services, and Banking industries, Ecobank continues to empower West Africa with its financial services and expand its influence in the region.

Business keywords: banking, financial institution, regional, West Africa, private sector, ECOWAS, development finance, Togo, investment, ECOBANK, public company, commercial banking, international organization

Funding Rounds & Investors (15)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt $250.00M -
11 Mar 2024
Post IPO Debt $200.00M 5
DEG FMO Proparco
DEG, FMO +3
08 Dec 2023
Post IPO Debt $20.00M 1
FinDev Canada
FinDev Canada
25 Jan 2022
Post IPO Debt $35.00M 1
African Development Bank
03 Dec 2021
Post IPO Debt €100.00M 1
European Investment Bank
24 Nov 2021
Post IPO Equity $75.00M 1
Arise
Arise
06 Sep 2021
Post IPO Debt $50.00M 1
CDC Group
CDC Group
15 Jul 2021
Debt Financing €12.60M 1
Belgian Investment Company for Developing Countries
Belgian Investment Company for Developing Countries
20 Dec 2017
Post IPO Debt $310.00M 1
African Development Bank
27 Sep 2016
Post IPO Debt $75.00M 3
FMO Swedfund International
FMO, Swedfund International +1
18 Oct 2015

View All 15 Funding Rounds

Ecobank Transnational Incorporated Alternatives & Competitors

View All Alternatives
Ecobank Transnational Incorporated vs
Bank of Africa - Groupe Bank of Africa
Bank of Africa - Groupe Bank of Africa Senegal

Au coeur du développement Au coeur de l'Afrique

Venture round
2209 employees
Finance, Financial Services
Compare Ecobank Transnational Incorporated vs Bank of Africa - Groupe Bank of Africa
Ecobank Transnational Incorporated vs
Groupe BGFIBank
Groupe BGFIBank Gabon

Votre partenaire pour l'avenir

Debt Financing
181 employees
Finance, Financial Services
Compare Ecobank Transnational Incorporated vs Groupe BGFIBank
Ecobank Transnational Incorporated vs
Golomt Bank
Golomt Bank Mongolia

Investing for a brighter future

Debt Financing
654 employees
Finance, Financial Services
Also compare with: Ecobank Transnational Incorporated vs Pan-African Savings and Loans Ghana Pan-African Savings and Loans Ghana View all alternatives

FAQ About Ecobank Transnational Incorporated

Empowering West Africa with seamless banking solutions since 1985
Ecobank Transnational Incorporated was founded in 1985.
Ecobank Transnational Incorporated is headquartered in Togo.
Ecobank Transnational Incorporated operates in Finance, Financial Services and Banking. Its work centres on banking, financial institution, regional and West Africa.
Ecobank Transnational Incorporated has approximately 2782 employees.
Ecobank Transnational Incorporated has completed 15 funding rounds, raising a total of $1.93B. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to Ecobank Transnational Incorporated include Bank of Africa - Groupe Bank of Africa, Groupe BGFIBank, Golomt Bank, EVEREST Finance, Pan-African Savings and Loans Ghana. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ecobank Transnational Incorporated and Bank of Africa - Groupe Bank of Africa are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Ecobank Transnational Incorporated, https://bouncewatch.com/company/ecobank, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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