Ecobank Transnational Inc 2023 AR2
The report highlights Ecobank Group's strong financial and operational performance in 2023, achieving a record net revenue of $2.1 billion and a profit before tax of $581 million. The company successfully launched its five-year Growth, Transformation, and Returns (GTR) strategy, focusing on customer experience, digital transformation, and sustainable growth. In sustainability, the company secured a landmark $200 million Sustainability-Linked Loan with Proparco and a $200 million risk-sharing facility with the African Guarantee Fund to support green initiatives and women-led businesses. Additionally, the Ellevate gender financing initiative empowered 73,000 women entrepreneurs, generating $530 million in deposits.
Company: Ecobank Transnational Inc
Sector: Financials
Country: Togo
Year: 2023
Type: AR2
Pages: 296
Ecobank Transnational Inc
Annual Report
The report highlights Ecobank Group's strong financial and operational performance in 2023, achieving a record net revenue of $2.1 billion and a profit before tax of $581 million. The company successfully launched its five-year Growth, Transformation, and Returns (GTR) strategy, focusing on customer experience, digital transformation, and sustainable growth. In sustainability, the company secured a landmark $200 million Sustainability-Linked Loan with Proparco and a $200 million risk-sharing facility with the African Guarantee Fund to support green initiatives and women-led businesses. Additionally, the Ellevate gender financing initiative empowered 73,000 women entrepreneurs, generating $530 million in deposits.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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