Ecobank named most innovative bank in Africa
Global Finance has named Ecobank as the most innovative bank in Africa. The announcement was made at the eighth Global
Global Finance has named Ecobank as the most innovative bank in Africa.
The announcement was made at the eighth Global Finance annual awards, the Innovators 2020, honoring entities that regularly identify new paths and design new tools in finance, according to a statement on Tuesday.
At the virtual awards announcement, the European Editor at Global Finance, Anita Hawser, noted that companies recognised at the Innovators 2020 significantly stood apart.
Hawser, who is the lead of the Global Finance Awards evaluation team, said the review panel looked at innovation in the context of product or process innovation, and was more concerned with the impact of innovation in terms of creating value for customers or addressing a specific need.
According to her, these are innovations that significantly reduce the time or cost of companies to perform financial tasks and really transform customers’ business lives, helping them operate more effectively in a significantly challenging business and economic environment.
The Group Chief Executive Officer, Ecobank, Ade Ayeyemi, said, “We are pleased to be recognised as the ‘Most Innovative Bank in Africa’ by Global Finance.
“This attests to the strength of our brand in multiple countries across Africa, our unique pan-African platform, and our innovative banking products and solutions made possible by the success of our digital transformation journey.”
With a larger African footprint than any other bank operating in West, Central, East and Southern Africa, Ecobank is the only bank that has banking operations that spans 33 African countries, operating a truly integrated African network, according to the statement.
