Ecobank Ghana has been named the Best Bank in Ghana at the prestigious Euromoney Awards for Excellence 2021.
The judges lauded Ecobank Ghana’s reputation as “the most forward-looking of the big Ghanaian banks” and based their decision on the bank’s demonstrable achievements, including financial performance, meeting strategic targets and digital prowess.
Regional Executive, Anglophone West Africa and Managing Director of Ecobank Ghana, Dan Sackey, commenting on the award said: “We are extremely delighted to win this award, which comes on the back of the hard work and unwavering dedication displayed by our staff, coupled with the untiring support that we have enjoyed from our valued customers, despite the immense challenges posed by the COVID-19 pandemic.”
He said Ecobank will not rest on its laurels but continue to build on the lessons learnt to help Ghana reap the business growth and economic development opportunities to be derived in the post-COVID-19 lockdown era.
Having pioneered the Digital Agenda as an industry leader and pursued it aggressively over the years, Ecobank Ghana already positioned itself in 2016, ahead of the pandemic, to deliver convenient and uninterrupted services to customers at all digital touchpoints.
All these resulted in a positive impact on the bank’s incomes and profits as well as a further strengthening of its balance sheet with shareholders’ equity reaching GHS2.45 billion and total assets, GHS15.95 billion by the close of the 2020 financial year.
As Ghana’s largest bank, Ecobank continues to make significant contributions to the country’s economic growth agenda, while also drawing on the ‘one bank’ model delivered by the Ecobank Group across its 33-country sub-Saharan African footprints.
Ecobank’s ground-breaking initiatives and innovations delivered recently include the launch of the Ecobank e-Commerce Marketplace to expand market reach and facilitate digital sales for businesses; the launch of the Ecobank Sandbox to enable Fintechs to access Ecobank’s APIs and create new services and solutions; the launch of Ellevate to nurture and support the needs of women-led businesses; a range of upskilling and educational initiatives; in addition to the bank’s comprehensive corporate social responsibility activities, focusing on education, health and financial inclusion.