Ecobank Exits Mozambique As FDH Bank Takes Over Subsidiary

Ecobank Transnational Incorporated said on Friday that it had completed the sale of its stake in Ecobank Mozambique S.A. to FDH Bank Plc. concluding the transaction announced on August 5th, 2025.

The transaction, which was announced on August 5 and has received all necessary regulatory approvals, marks Ecobank’s full divestment from Mozambique, according to a statement.

“With this completion, FDH Bank Plc assumes full ownership and operational responsibility of the bank that was formerly owned in Mozambique by Ecobank,” the pan-African lender said.