Wednesday , May 31 2023

Finalizing a syndicated loan of $ 200 million


Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group in Lome, announces the completion of a syndicated loan of $ 200 million.

The loan was overdrawn for $ 268.5 million, Ecobank announces the completion of the loan by raising its Deutsche Bank's mandate from 150 million to 200 million dollars. This funding supports its objective of maintaining a diversified financing base and strong market access.

Founded in Lome, Togo, Ecobank Transnational Incorporated (ETI) is the parent company of the Ecobank Group (the largest pan-African independent regional banking group) and operates in 36 African countries.

The Ecobank Group has representative offices everywhere and has over 20,000 employees from 40 countries in over 1,200 branches and offices.



Source link