Ecobank Kenya
Ecobank Kenya is a commercial bank in Kenya. It is one of the commercial banks licensed by the Central Bank of Kenya, the central bank and national banking regulator.
Overview
On 16 June 2008, Ecobank Transnational Incorporated acquired 75% of EABS Bank, which had been licensed in 2005. The bank changed its name to Ecobank Kenya Limited to reflect the new shareholding. Later, it increased its shareholding in the bank, to 95.67% as at 3 July 2013., Ecobank Kenya had total assets valued at approximately KES:36.9 billion, with shareholders' equity of about KES:3.39 billion.Ecobank network
Ecobank Kenya is a member of Ecobank Transnational, the leading independent pan-African bank, headquartered in Lomé, Togo with affiliates in West Africa, Central Africa, East Africa and Southern Africa. Ecobank, which was established in 1985, has grown to a network of over 600 branches, employing over 10,000 people, with offices in 33 countries including Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Republic of Congo, Democratic Republic of Congo, Equatorial Guinea, France, Gabon, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Kenya, Liberia, Malawi, Mali, Niger, Nigeria, Rwanda, Sao Tome, Senegal, Sierra Leone, South Sudan, Tanzania, The Gambia, Togo, Uganda, Zambia and Zimbabwe. Ecobank Transnational also maintains representative offices in Angola, China, Ethiopia, South Africa, and the United Arab Emirates.Parent company
Inc. is the parent company of the Ecobank Group which includes the following specialized subsidiaries:- Ecobank Development Corporation – Lomé, Togo
- EDC Investment Corporation – Abidjan, Ivory Coast
- EDC Investment Corporation – Douala, Cameroon
- EDC Securities Limited – Lagos, Nigeria
- EDC Stockbrokers Limited – Accra, Ghana
- Ecobank Asset Management – Abidjan, Ivory Coast
- e-Process International SA – Lomé, Togo
- ECV Servicios – Praia, Cape Verde