Ecobank wins Trade Finance, Treasury awards

Ecobank has won the awards for the Best Trade Finance Services in Africa and Best Treasury Services in Africa in this year’s Treasury Services Awards, organised by financial trade magazine EMEA Finance.

The awards, according to a statement from the firm, and made available to Business247 News Online today, were handed out in Geneva on the margins of Sibos, the major annual banking conference organised by SWIFT.

According to EMEA Finance, Ecobank’s strong pan-African platform and its extra level of detail impressed the judges, differentiating the bank from its competitors on the continent.

Commenting on the awards, Amin Manekia, Group Executive, Corporate & Investment Banking at Ecobank, said: “Ecobank’s broad pan-African footprint, coupled with its international network, makes it a perfect banking partner for trade finance. This award is a great recognition of our work across Africa. We are committed to developing solutions that enhance the overall client experience and this win shows we are on the right track.”

Ecobank, via its treasury platform based in Paris, is able to deliver all the major local currencies in Middle Africa. Its unrivalled capability to trade currencies as well as sovereign and corporate fixed income securities played an instrumental role in securing the Best Treasury Services in Africa award.

For the fourth consecutive year, Ecobank is present at the exhibition together with its alliance partner Nedbank.

“As one of the fastest growing regions in the world, Africa keeps on attracting attention from investors. Together with our partner Nedbank, our scope and knowledge of the continent are unmatched. Sibos, being the premier financial services event, is an excellent platform to highlight our competitive edge,” Manekia stressed.