Type Public limited company Industry Financial Services Headquarters Accra Parent organization Ecobank | Traded as GSE: EBG Website Homepage Founded 1990 | |
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Key people George Mensah-Asante
Executive Director Products Loans, Savings, Investments, Debit Cards, Credit Cards, Mortgages Subsidiaries Ecobank Leasing Co., Ltd. | ||
Ecobank Ghana is a commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator.
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Overview
EBG is a member of the Pan-African Ecobank chain which operates in thirty two (32) countries. The stock of Ecobank Ghana is listed on the Ghana Stock Exchange, where its shares are traded under the symbol:EBG. The bank is a fully networked commercial bank in Ghana with branches in almost all regions of the nation.
History
The bank was formed in 1990. In December 2011, Bank of Ghana, the central bank of the country, which also functions as the national banking regulator, gave approval for Ecobank Transnational to acquire 100% interest in The Trust Bank (TTB), another licensed commercial bank. At the time, the total asset valuation of TTB was approximately US$119 million (GHS:220 million). Ecobank has successfully merged TTB and EBG. The new bank is known as Ecobank Ghana.