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Ecobank in Mozambique

  • Key Figures
    Microeconomics information

    Ecobank Mozambique is supervised and regulated by Central Bank of Mozambique.
    EMZ has over 4 branches located in the biggest cities of Mozambique, in which two are allocated in south Region, one and in the Central region and another one in North region.
    With a total of 118 employees, in which 71 are effective staff, 28 interns and the remaining 19 are service providers.

    At the Year End
    For the Financial Year
  • General Information

    Area: 801 590 sq km

    Capital: Maputo

    Principal cities: Maputo, Nampula, Beira

    Official language: Portuguese

    Independence day: June 25

    Population: 27 millions (2012) Banco Mundial

    Demographic growth: 2,442% (2011)

    Life expectancy: 49.84 years (2012)

    Literacy rate: 53% (2012)

    Religion(s): 23.8% Christian, 17.8% Muslim, 17.5% Christian syncretistic, 17.8% others and 23.1% no religion

    Human development index: 0,327

    Currency: MZN - Metical

    GDP: 11.119 million euros

    GDP per capital: 439 euros

    Growth rate: 7,2%

    Rate of unemployment: 27%

    Rate of inflation: 3,54%

    Net budgetary position: -5,1% of GDP

    Balance of payment: -5.892,3 mill USD

    Export partners: South Africa 28.9%, Belgium 15.1%, Italy 11.8%, Spain 8.5%, China 6.6% (2011)

    Import partners: South Africa 35.4%, China 10.2%, India 8.4%, US 6.6%, Australia 6.1%, Portugal 4.4% (2011)

    Contribution of various sectors to GDP: Extraction industry, construction, transports, financial services and agriculture

  • Board of Directors

    Mr. Moses Kurenjekwa

    Chairman of the Board of Directors

    Mr. Graciete Mário Bucuane

    Non-executive Director

    Mr. Apolinario Panguene

    Non Executive Director

    Mr. Johnson Mahanya

    Chief Executive Officer

  • Annual Reports
  • Latest News
    2025 Ecobank Transnational Incorporated Appoints Group Chief Financial Officer Ayo Adepoju as Group Executive Director View
    2025 Shareholders Approve All Resolutions at Ecobank Transnational Incorporated’s 37th Annual General Meeting View
    2025 Ecobank named Best Bank in Africa 2025 in Global Finance Awards View
  • Forms and Documents
    TABELA DE COMISSÕES E ENCARGOS_ PREÇÁRIO COMPLETO (Portuguese) PDF 10.02 MB Download - TABELA DE COMISSÕES E ENCARGOS_ PREÇÁRIO COMPLETO (Portuguese)
    New account application form -- Individual PDF 590.45 KB Download - New account application form -- Individual
    New account application form -- Entities (incorporated and non-incorporated) PDF 619.65 KB Download - New account application form -- Entities (incorporated and non-incorporated)

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