Ecobank wins Africa’s Best, Most Innovative Retail Bank awards

Ecobank has won two major awards at the African Banker’s prestigious ceremony held at the Paradise Hotel in Busan, South Korea, according to a press release distributed on behalf of the bank by African Press Organisation (APO).

According to the release, the bank was named Best Retail Bank in Africa after impressing judges with the strides it has made to leverage digital financial services and an enhanced service model, to be the retail bank of choice.

It added that ‘‘the ever improving feature set of the truly revolutionary Ecobank Mobile App, which has now been downloaded by more than 5 million people, took the prize for Innovation in Banking, thanks to the way it has redefined borderless and inclusive banking, along with several other transformative innovations designed to deliver financial services to all.’’

The press release quoted Omar Ben Yedder, Publisher of African Banker, saying that “Ecobank has had a game changing year in so many ways and their approach to embracing technology and putting it at the centre of their growth strategy has obviously paid dividends.”

Besides, ‘‘it gives all of us at Ecobank great pride to be recognised as not only the Best Retail Bank in Africa, but also the Most Innovative.’’

For his part Ade Ayeyemi, Group CEO of Ecobank said: “It gives all of us at Ecobank great pride to be recognised as not only the Best Retail Bank in Africa, but also the Most Innovative.

This is further proof that we are on the right track in our quest to be the bank of choice for middle Africa. We will continue to ensure that we are at the forefront of harnessing state-of-the-art technology to provide our customers with accessible and affordable banking services.”

Patrick Akinwuntan, Group Executive, Consumer Banking said: “Ecobank represents more possibilities for every African. Our Ecobank Mobile App, Xpress Account, Ecobank Pay, Xpress Points and Rapidtransfer are fast becoming top-of- mind consumer banking brands that represent convenience, affordability and instant fulfillment to our customers across Africa and in the diaspora.”