Ecobank Transnational Inc 2021 Annual Report with Sustainability Disclosures
The report highlights Ecobank Group's financial and sustainability performance for the fiscal year 2021. The group achieved a record return on tangible equity of 19.0% and successfully issued $350 million in Tier 2 Sustainability Notes, the first-ever by a financial institution in sub-Saharan Africa. Ecobank expanded its Ellevate initiative to 30 countries, approving $87 million in loans to support women-owned businesses. Additionally, the company advanced its digital transformation, growing mobile transaction values by 51% and expanding its Xpress Point agency network to over 109,000 locations.
Company: Ecobank Transnational Inc
Sector: Finance & insurance
Country: Togo
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 298
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Ecobank Transnational Inc
Annual Report
The report highlights Ecobank Group's financial and sustainability performance for the fiscal year 2021. The group achieved a record return on tangible equity of 19.0% and successfully issued $350 million in Tier 2 Sustainability Notes, the first-ever by a financial institution in sub-Saharan Africa. Ecobank expanded its Ellevate initiative to 30 countries, approving $87 million in loans to support women-owned businesses. Additionally, the company advanced its digital transformation, growing mobile transaction values by 51% and expanding its Xpress Point agency network to over 109,000 locations.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees