UNLOCKING AFRICA’S ECONOMIC POTENTIAL
Based in Togo, Ecobank is a regional commercial bank with the dual objectives of building a world-class, pan-African bank and contributing to the economic and financial integration and development of the African continent. Currently, only 10 percent of people in Sub-Saharan Africa have access to formal financial services; the great majority of people rely on risky and expensive informal channels. To succeed in this environment, Ecobank has developed innovative products targeted at the unbanked and underbanked segments of the population. These products achieve both of Ecobank’s objectives by increasing access to financial services while expanding the company’s market share.