At the 37th Annual General Meeting of Ecobank Transnational Incorporated (ETI) held on 28 May 2025 in Lomé, Togo, the Ecobank Group received shareholder approval for a capital raising of $250 million. The move is part of a restructuring strategy aimed at broadening the bank’s capital base, maintaining strong capital adequacy ratios, diversifying funding sources and ensuring continued compliance with regulatory requirements.
At the 37th Annual General Meeting of Ecobank Transnational Incorporated (ETI) on 28 May 2025, in Lomé, Togo, the Ecobank Group received shareholder approval for a capital raising of $250 million. According to the bank, the capital raising is part of the bank’s overall strategy to strengthen its Tier 1 capital base, improve its financial resilience and support the growth of its pan-African operations. As the pan-African banking group passed the $2 billion revenue mark, an important statutory reform has also been adopted regarding takeover bids.
“Ecobank Bank is extremely committed to sustainability and sustainable finance. Obviously, climate finance and green finance are components of that. The other elements of sustainable finance are also involved with gender financing, and so on”.
Jeremy Awori, Chief Executive Officer, Ecobank Group, Kenya
According to the approved accounts, profit attributable to shareholders increased by 45% at constant exchange rates, climbing to $333 million. Similarly, profit before tax stood at $658 million, marking a 33% surge adjusted for currency effects. Return on equity reached a record high of 32.7%, and earnings per share increased by 16%. Customer deposits totalled $20.4 billion, and the Lomé-based group’s total assets now stand at $28 billion.
“We see significant growth opportunities across the markets in which we operate. We’re excited about these opportunities, and, more importantly, we’re looking forward to working with our clients and customers to stimulate economic growth in the economies we operate”.
Jeremy Awori, Chief Executive Officer, Ecobank Group – Kenya
Since its establishment in 1985, Ecobank has become the leading private sector banking Group in Africa, with expertise rooted in the continent. With a presence in 35 sub-Saharan African countries,the bank serves over 32 million customers through its comprehensive range of retail, commercial, corporate and investment banking services.
