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.

Taxonomy: 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 •••••• - 11 Mar 2024
Post-IPO Debt •••••• 5
Investor Investor Investor Investor
•••• ••••
08 Dec 2023
Post-IPO Debt •••••• 1
Investor
25 Jan 2022
Post-IPO Debt •••••• 1 •••• •••• 03 Dec 2021
Post-IPO Debt •••••• 1 •••• •••• 24 Nov 2021

View All 15 Funding Rounds

Ecobank Transnational Incorporated Alternatives & Competitors

Ecobank Transnational Incorporated vs

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Ecobank Transnational Incorporated vs
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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 the following industries: Finance, Financial Services, Banking.
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 Pan-African Savings and Loans Ghana, PG Bank, ABC Holdings Limited - BancABC, Bank Windhoek, UBA America. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ecobank Transnational Incorporated and Pan-African Savings and Loans Ghana 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.

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