Companies

Ecobank named Retail Lender of the Year in global awards

eco

Ecobank branch in Nairobi. PHOTO | FILE

Pan African lender Ecobank Group, which operates a subsidiary in Kenya, has been named African retail bank of the year at the global retail banking awards ceremony in London.

The Ecobank Group beat four other finalists to the award; CRDB Tanzania, FirstRand (South Africa), Standard Bank South Africa and United Bank of Africa.

Retail Banker International sponsors the award. It provides in-depth analysis for the retail-banking sector. The ceremony was held at the Waldorf Astoria hotel in London’s West End.

Patrick Akinwuntan, Ecobank’s group executive responsible for its retail banking services received the award on behalf of the group and praised the bank’s workforce for its dedication in customer service delivery.

“I would like to dedicate this award to every employee working for the Ecobank Group across Africa. It is due to their hard work that Global Retail Banking has chosen the Ecobank Group as the worthy winner of this prestigious award,” Mr Akinwuntan said.

“Ecobank aims to connect with the whole of Africa. That is why we tailor our products and services to suit the needs of individuals, families and businesses.”

Ecobank Group CEO Albert Essien said the award was a fitting reward for the bank’s persistence to excel.