The operations of Ecobank Nigeria are supervised and regulated by th... Read more
The operations of Ecobank Nigeria are supervised and regulated by the Central Bank of Nigeria (CBN) as well as the National Deposit Insurance Corporation (NDIC). Incorporated as a public limited liability company on October 7, 1986, Ecobank Nigeria is a key subsidiary of Africa’s leading independent banking group, Ecobank Transnational Incorporated (ETI). Today, Ecobank is the leading pan-African bank with operations in 36 countries across the continent. It has a larger African footprint than any other bank in the world.
Following the successful acquisition of Oceanic Bank International by the Ecobank group in 2011, Ecobank Nigeria has become a top tier bank in Nigeria in terms of assets, customer base, deposits and branches. The bank currently operates a consolidated on-line, real time branch network in over 600 locations across the country. Ecobank had previously acquired the deposit liabilities and customers of the defunct All States Trust Bank Plc, Hallmark Bank Plc and African International Bank PLC (AIB). Sustainability lies at the core of the bank’s mission to build a world-class pan-African bank that contributes to the integration and socio-economic development of the continent. Ecobank’s long-term success is intertwined with the sustainable development of the economies, societies and environment in which it operates.