Ecobank Bags $75m Profit In First Quarter of 2017
Ecobank Group has delivered a return on tangible equity of 16% on pre-tax profit of $75 million, from continued cost efficiency gains while revenue of $425 million went up 3% in constant dollars, despite macroeconomic headwinds. Ade Ayeyemi, Group CEO, commenting on the financial results said: “Overall our performance in the first quarter was encouraging, … Read more