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Ade Ayeyemi, CEO of Ecobank Group pledges Ecobank’s support for Malawi as he meets with President Lazarus Chakwera

21 February 2022

Ade Ayeyemi, CEO of the leading Pan-African Banking Group, Ecobank Group met with his Excellency Lazarus McCarthy Chakwera, President of the Republic of Malawi. The courtesy visit was aimed at reaffirming Ecobank’s commitment to supporting Malawi’s economic growth and the government’s COVID-19 Socio-Economic Recovery Plan.

With its pan-African unique footprint, Ecobank is well positioned to support Malawi in seizing the immense opportunities and benefits of the African Continental Free Trade Area. This aligns with the vision of His Excellency Lazarus McCarthy Chakwera who voiced the need for all African countries to remove the obstacles to free trade on the continent, at last November’s Intra-African Trade Fair.

Ecobank Malawi, a member of the pan African banking Group, has been operating in Malawi since August 2008 and continues to lend support to the country’s key strategic sectors including energy and agriculture. The bank has been active in providing financing for strategic commodities and supporting other structured credits towards realizing the government’s development plans.

ENDS

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Christiane Bossom, Group Communications Manager, cbossom@ecobank.com, Tel: +228 22 21 03 03

About Ecobank Transnational Incorporated (‘ETI’ or ‘The Group’)

Ecobank Transnational Incorporated (‘ETI’) is the parent company of the Ecobank Group, the leading independent pan-African banking group. The Ecobank Group employs about 14,000 people and serves over 29 million customers in the consumer, commercial and corporate banking sectors across 33 African countries. The Group has a banking license in France and representative offices in Addis Ababa, Ethiopia; Johannesburg, South Africa; Beijing, China; London, the UK and Dubai, the United Arab Emirates. The Group offers a full suite of banking products, services and solutions including bank and deposit accounts, loans, cash management, advisory, trade, securities, wealth and asset management. ETI is listed on the Nigerian Stock Exchanges in Lagos, the Ghana Stock Exchange in Accra, and the Bourse Régionale des Valeurs Mobilières in Abidjan. For further information please visit www.ecobank.com

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