Ecobank Transnational Inc.

Debt : June 2012 - March 2019

Ecobank Group is commercial bank with the most extensive network in sub-Saharan Africa and with a presence in 32 countries.

Amount

€ 15,000,000.00

Type of investment

Debt

Development impacts

Local economic growth
Financial inclusion

Beneficiary locations

Africa:

Investment field

Financial Institutions

Activity

Commercial bank

Organisation

Ecobank Transnational Inc.

Website

https://ecobank.com/group

Domicile

Togo

More investments in

Ecobank Transnational Inc.

Debt € 12,600,000.00 (2017-2022)

Ecobank is a modern pan-African financial institution providing financial solutions to businesses, governments and individual customers.

BIO's long-term contribution of resources will make it possible to finance the new IT platform and the development of the group's distribution network. In addition, our loan will allow Ecobank to diversify its sources of financing. BIO's presence alongside similar institutions such as IFC, FMO, Proparco and EIB will have a positive impact on the market's perception of the group.

Development impacts

Local economic growth
Credit provision to MSMEs; Mobilization of local savings
Financial inclusion
Access to financial services for individuals and micro-enterprises.