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- Where we work
- Ecobank Transnational Incorporated (ETI)
Ecobank Transnational Incorporated (ETI)
Regional 1 (Africa)
| Borrower | Ecobank Transnational Incorporated (ETI) |
| Financing Type | Private Sector & Trade Finance |
| Instrument | Private Sector Debt |
| Focus Area | Financial |
| Approved | 21.09.2010 |
| Signed | 18.03.2011 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| OPEC Fund Contribution (US$m) | 30.00 |
OFID’s loan will be used to strengthen Ecobank’s capital in four countries (Cameroon, Cote d’Ivoire, Kenya and Senegal), where it is playing a vital role in the local markets. Incorporated in 1985 in Lomé, Togo, Ecobank is the leading Pan-African bank with a presence in 30 countries in Africa. Ecobank has been at the forefront in providing banking and financial solutions, including microfinance, to some of the most underserved African countries.