Ecobank extends Zimbabwe footprint

Ecobank Serigne DiagneEcobank will launch a number of banking solutions for its customers in Zimbabwe. (Image source: Serigne Diagne)

Pan-African bank Ecobank Transnational is seeking to open two more branches in Harare in a bid to further expand its Zimbabwean portfolio

The bank set up two offices back in 2011, one in Harare and one in Bulawayo and has now opened four more in Mutare, Kwekwe, Chitungwiza and Chiredzi.

Ecobank’s Togo headquarters revealed that it will open more branches in Gweru, Masvingo and other parts of Zimbabwe.

Daniel Sackey, Ecobank’s managing director, said the company's growth expansion strategy aims to enhance accessibility and reliability.

The bank added that it will launch various advanced banking solutions, including a pan-African card and a "mobile wallet to further enhance convenience for customers."

“The opening of these additional branches is a testimony of our commitment to fulfilling the promises we made to our customers when Ecobank invested in Zimbabwe two years ago," Sackey stated.

Ecobank Zimbabwe revealed a profit after tax of US$1.2mn in the half-year to June 2013.

Ecobank has a presence across 33 African countries as well as offices in France, the UK and China.

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