Ecobank Launches Pan-African Investment Banking Arm: Ecobank Capital

Ecobank, the leading Pan-African banking group,officially launched in September 2010, its new capital markets and investment banking arm, Ecobank Capital, at a prestigious African investment conference in New York.

Addressing representatives of the financial media and the investment community at
the launch, Ecobank Group CEO, Arnold Ekpe, said: “The launch of Ecobank Capital
illustrates our commitment to providing our international customer base with the
sophisticated, integrated financing solutions demanded by today’s fast-moving
markets.”

“Our rapid expansion across Middle Africa has necessitated the restructuring of our
trade, project and equity finance and syndicated lending businesses with a view to
enhancing the delivery of our customer services across the Continent,” he added.
Offong Ambah, CEO of Ecobank Capital, commented: “By harnessing all of
Ecobank’s considerable in-house knowledge and expertise in pan-African foreign
exchange, equities, debt and commodities, we can provide our corporate,
governmental and institutional clients with an integrated service from a uniquely local
perspective.”

With a dedicated team of in excess of 1000 professionals located in key financial
centers across Africa and internationally, Ecobank Capital provides the full range of
financing solutions expected from an integrated investment bank, including trading in
all of Middle Africa’s 16 exotic currencies, deal origination and execution, buy-side
advisory services and market research to capitalize on pan-African investment
opportunities.

This article was originally posted on Africa Banking Network