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2010
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Ecobank Tanzania commences business and is now fully present in all the countries of the nascent East Africa Economic Community. |
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2009
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Ecobank Gabon, Zambia and EBI SA in France commence operations. |
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2008
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Ecobank continues its expansion with the opening of new subsidiaries in Malawi, Congo Brazzaville, Kenya, Burundi and DR Congo. |
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2007
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Ecobank continues its expansion with the opening of new subsidiaries in Guinea Bissau, Sao Tomé, Central Africa Republic, Rwanda and Gambia. |
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2006
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ETI is simultaneously listed on three stock exchanges in West Africa, namely the BRVM, the Ghana Stock Exchange and the Nigerian Stock Exchange. Ecobank starts business in Sierra Leone and Tchad. |
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2004
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ECV Servicios, a subsidiary of ETI offers money transfer services in Cape Verde. |
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2002
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Ecobank Development Corporation commences operations.
eProcess, our technology and shared services affiliate is established.
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2001
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Ecobank expands into Central Africa. Ecobank-Cameroon opens for business. |
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1999
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The Group extends its network to Guinea, Liberia, Niger and Senegal.The share capital of ETI was increased and hundreds of private individuals and businesses from and outside the sub-region seize this opportunity to invest in the Group.Institutional investors, including the IFC and the West Africa Growth Fund, subscribes to the capital. |
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1998
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Ecobank opens in Mali.Kingdom Holding Africa invests in ETI.The International Finance Corporation (IFC) subscribes to 10% of the capital of Ecobank in Burkina Faso.Ecobank Development Corporation (EDC), the Investment & Capital Market affiliate is created. |
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1997
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April - Ecobank opens in Burkina Faso.Group profits exceed USD 10milion.Balance sheet size hits USD 500 million.Shareholders approve a share ownership plan for staff. |
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1995
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ETI pays out its first dividends.Ecobank-Benin initiates a partnership with Western Union. This is extended to the rest of the Group. |
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1994
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Ecobank’s net operating profit crosses the 5m U.S. dollar mark!Rapid Transfer product is launched and quickly becomes a success. |
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1990
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Ecobank Benin and Ghana start operations. |
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1989
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Ecobank Côte d’Ivoire and Nigeria opens for business.
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1988
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First Ecobank affiliate opens in Togo. |
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1986
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Citibank signs a Technical Assistance Agreement (TAA) with Ecobank. The Technical Assistance was concluded in December 1988. |
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1985
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In October, the Government of Togo signs an agreement granting Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, the status and privileges of a non-resident regional financial institution. |