All posts tagged "ETI"

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  Ecobank Transnational Declares N254.4 billion in Gross Earnings After Nine Months

  Ecobank Transnational declared gross earnings of N254.4 billion in its 3Q, 2012 earnings. This result represented a 63% year-on-year improvement over the N155.9 billion it made in 2011. Provision for doubtful debts soared 8.8% to N13.5 billion...

  • Posted October 25, 2012
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  Oceanic Bank Shareholders Approves ETI merger

  Shareholders of rescued Nigeria’s Oceanic Bank on Tuesday approved the planned merger with pan-African banking group Ecobank Transnational Incoporated. At a court-ordered meeting, the shareholders consented to all the proposal brought before them by the board of...

  • Posted September 27, 2011
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  Oceanic Aquisition: Combined Entity takes Top Two Position – ETI

  Ecobank  Transnational Incorporated (ETI) has announced further details  regarding the acquisition of Oceanic Bank Plc. ETI which signed a Transaction Implementation Agreement in relation to the acquisition and recapitalisation of Oceanic Bank said that the business combination would lead to the...

  • Posted September 17, 2011
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