Ecobank Transnational Incorporated

ETI

TG0000000132

Banks

End-of-day quote Nigerian S.E. Other stock markets 06:00:00 2024-07-11 pm EDT			5-day change	1st Jan Change
21.5 ^NGN	0.00%		-2.27%	+2.87%

Jun. 10	Ecobank Transnational Incorporated Announces Board Appointments	CI
May. 21	Ecobank Transnational Incorporated Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Ecobank Transnational Incorporated : Nigeria Secures N50 Billion 10-Year Subordinated Loan

January 26, 2021 at 09:07 am EST

Ecobank Transnational Incorporated (ETI), the parent of the Ecobank Group, yesterday said that one of its significant subsidiaries, Ecobank Nigeria, secured N50 billion, 10-Year bilateral subordinated loan.

In a notification to the Nigerian Stock Exchange (NSE), ETI explained that the funding provides stable medium-term liquidity to the balance sheet of Ecobank Nigeria and positively improved its balance sheet ratios. The proceeds would be deployed to support micro, small and medium scale enterprises (MSMEs) and small corporates.

Latest news about Ecobank Transnational Incorporated

Ecobank Transnational Incorporated Announces Board Appointments	Jun. 10	CI
Ecobank Transnational Incorporated Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 21	CI
Transcript : Ecobank Transnational Incorporated, 2023 Earnings Call, May 08, 2024	May. 08
Ecobank Transnational Incorporated Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 30	CI
Ecobank Group Announces Executive Changes	Mar. 21	CI
Koree Cameroun Sarl announced that it has received $0.2 million in funding from Cameroon Angels Network, Digital Africa Ventures Fund Managers Ltd, Ecobank Transnational Incorporated and other investors	Jan. 02	CI
Ecobank Transnational Incorporated Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 30	CI
Transcript : Ecobank Transnational Incorporated, Q2 2023 Earnings Call, Aug 08, 2023	23-08-08
Transcript : Ecobank Transnational Incorporated, Q2 2023 Earnings Call, Aug 08, 2023	23-08-08
Ecobank Transnational Incorporated Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-27	CI
Who are the lenders stepping up as SocGen scales back in Africa	23-06-08	RE
Ecobank Transnational Incorporated Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-26	CI
Transcript : Ecobank Transnational Incorporated, 2022 Earnings Call, Mar 31, 2023	23-03-31
Ecobank Transnational Incorporated Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-30	CI
Ecobank Transnational Incorporated Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-30	CI
Transcript : Ecobank Transnational Incorporated, Nine Months 2022 Earnings Call, Dec 09, 2022	22-12-09
Ecobank Transnational Incorporated Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-12-01	CI
New Ecobank CEO to pursue stabilisation and profits, says group chairman	22-09-12	RE
Ecobank Transnational Incorporated Announces Executive Changes	22-09-12	CI
Ecobank Transnational Incorporated Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-07-25	CI
Ecobank CEO: Interest margins to improve as central banks raise rates	22-07-06	RE
Mali resumes debt servicing, plans to repay arrears	22-07-06	RE
Ecobank CEO: Mali has enough money to pay defaulted debts	22-07-06	RE
Ecobank Transnational Incorporated Recommends Payment of Final Dividend for the 2021	22-05-05	CI
Ecobank Transnational Incorporated Reports Net Impairment Charges on Loans for the Three Months Ended March 31, 2022	22-04-25	CI

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Company Profile

Ecobank Transnational Incorporated is the leading independent pan-African banking group. The group's activity is organized primarily around 3 areas: - business banking: activity targeting primarily governments, multinational corporations, and financial institutions; - retail banking: sales of standard and specialized banking services (consumer credit, mortgage lending, etc.); - market banking. At the end of 2022, the group had USD 20.8 billion in current deposits and USD 11 billion in current loans.

Sector

Banks

Calendar

2024-12-04 - Q3 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

0.0138 USD

Average target price

0.019 USD

Spread / Average Target

+37.88%

Consensus

Annual profits - Rate of surprise

Company calendar

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