
Active
This profile is actively maintained
Active
This profile is actively maintainedWebsite | http://www.ecobank.com/group/ |
Headquarters |
2365 Boulevard du Mono B.P. 3261
Lomé
Togo
|
CEO/chair |
Ade Ayeyemi Group CEO |
Supervisor | |
Ownership |
listed on BRVM Stock Exchange, Ghana Stock Exchange & Nigeria Stock Exchange
Ecobank's largest shareholders are Qatar National Bank (27.1%) and Nedbank (21.2%). The bank's complete shareholder structure can be accessed here. |
Ecobank Transnational was established in 1985. Ecobank, based in Togo, is a commercial bank operating in 36 African countries. The bank provides wholesale, retail, and investment banking services to governments, financial institutions, multinationals, SMEs and individuals. These services are delivered by three business segments: Corporate Bank, Domestic Bank and Ecobank Capital. Ecobank became a signatory to the Equator Principles in January 2012.
Ecobank's webpage on corporate social responsibility can be accessed here.
Banks and Human Rights
BankTrack assessed Ecobank in its 2021 Human Rights Benchmark Africa, where it achieved 0.5 points out of 14 and was ranked as a 'laggard'. More information is detailed in the "Accountability" section of this profile.
Human Rights Benchmark Africa 2021
Ecobank has a Grievance Procedure in place that "allows the public to make enquiries or express concerns related to the bank’s environmental and social policy and/or projects that it finances". The procedure can be accessed here.
This page evaluates Ecobank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
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