Ecobank Nigeria Plc. commonly referred to as Ecobank Nigeria is a commercial bank in Nigeria. It is one of the commercial banks licensed by the Central Bank of Nigeria, the national banking regulator.
The bank began operations in 1986. It operates as a universal bank, providing wholesale, retail, corporate, investment and transaction banking services to its customers in the Nigerian market.
The bank operates as Retail Banking, Wholesale Banking and Treasury & Financial Institutions. It also offers capital markets and investment banking services.
During the fourth quarter of 2011, Ecobank Nigeria acquired 100% of the shareholding in Oceanic Bank, creating the expanded Ecobank Nigeria Plc.
As at December 2011, the expanded Ecobank Nigeria controlled total assets valued at approximately USD 8.1 Billion (NGN 1.32 Trillion), making it one of the five largest banks in Nigeria at the time.
Ecobank has 610 free-standing branches, making it the second-largest bank in the country by branch network.
Ecobank Nigeria is a member of Ecobank, the leading independent pan-African bank, headquartered in Lomé, Togo, with affiliates in West, Central and East Africa. Ecobank, which was established in 1985, has grown to a network of over 1,000 branches, employing over 10,000 people, with offices in 32 countries including Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, the Central African Republic, Chad, the Republic of Congo, the Democratic Republic of Congo, Côte d'Ivoire, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Liberia, Mali, Malawi, Niger, Nigeria, Rwanda, Sao Tome, Senegal, Sierra Leone, Togo, Uganda, Zambia and Zimbabwe. Ecobank also maintains a banking subsidiary in Paris and representative offices in Johannesburg, Dubai and London.
Chief John Odeyemi, MFR, (Chairman)
Mr. Offong Ambah (MD/CEO)
Olorogun Sunny, F. Kuku, OFR
Alhaji Mua'zu Anache
Chief Michael Ade, Ojo, OON
Chief Raymond Ihyembe
Giwa Bisi Rodipe
Chief Wilfred Belonwu
Dr. (Mrs.) Nadu Denloye
Plot 21, Ahmadu Bello Way,
P. O. Box 72688,
Victoria Island, Lagos.
Tel: 234-01-2626710-17, 2626638-44
Fax: 234-01-2616568, 2620920
Category: Top Organizations in Nigeria
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