Ecobank wins African Banker’s award for Innovation in Financial Services

The leading pan-African banking group, Ecobank, has announced that it has won the Award for Innovation in Financial Services at the 2020 edition of the prestigious African Banker magazine Awards. 

The Awards, which reward banking excellence in Africa, were announced at a virtual ceremony held on 26th August.

The African Banker’s judging process sought to recognise African banks that have demonstrated original and practical uses of technology to provide customer convenience, improved and more affordable services as well as greater access to the financial services sector in Africa.

Ade Ayeyemi, Group Chief Executive Officer said: “Winning the Award for Innovation in Financial Services from the African Banker magazine is such an honour. It provides public recognition of our pioneering role in harnessing technology to complement our pan-African presence and partnerships, to deliver accessible, convenient, affordable and innovative banking products which are making a difference to millions of lives and businesses across sub-Saharan Africa. Five years ago, we commenced a digital transformation journey to transform our banking products and services.” 

This award according to him, attests to the success of that journey, adding that the bank’s significant investment in technology is yielding the desired results.

“Our one bank model, powered by our robust pan-African banking digital platform provides diverse products and services to governments and corporate clients using our digital platforms including  Ecobank Omni Plus amongst others, Ecobank Omni Lite for our SMEs and commercial bank clients as well as our Ecobank Mobile App and Ecobank Online for our consumer clients. 

“These are in addition to the highly effective cash management, transaction banking solutions and our cross-border Rapidtransfer remittance solution – a few of the headline-grabbing innovations that we have delivered to meet and exceed the evolving needs and expectations of our customers.

I applaud all my Ecobank colleagues for their continued commitment and dedication to serving our customers especially during these challenging COVID-19 times,” he stated.

Other African banking awards won by Ecobank so far in 2020 include amongst others, Most Innovative Bank in Africa, Best Bank for Payments& Collections, Best Integrated Corporate Banking Site in Africa (Global Finance) and the Best Bank for Corporate Responsibility (Euromoney Awards for Excellence).

YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE

CBN Pegs Exchange Rate At 386/$
Central Bank of Nigeria (CBN) has pegged naira exchange rate at 386 units to the United States dollar as it plans to resume weekly forex sales to Bureau de Change operators from August 31. In a circular signed by O.S. Nnaji, director of trade and exchange department, the apex bank said its decision to resume FX sales to BDCs is to enhance accessibility to forex “particularly to travellers” since the resumption date for international…Ecobank wins African Banker’s award

Council Of State Pardons Ex-Gov Ambrose Alli, Three Others
The Council of State has ratified the presidential pardon extended to late former Bendel State Governor, Prof. Ambrose Alli and three others. The meeting presided over by President Muhammadu Buhari at the presidential villa, Abuja on Thursday also ratified the pardon granted to Col Moses Effiong, Major E.J Olarenwaju and…Ecobank wins African Banker’s award

You might also like
Comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. AcceptRead More