Ecobank Transnational Incorporated (ETI) and its two affiliate countriesÂ -Nigeria and Ghanan-Â have emerged winners in three categories of The Asian Banker â€“ West Africa Awards 2018.
The annual awards saw ETI emerging theÂ â€˜Best Financial Inclusion Initiative, Application or Programme,â€™ award, with its Xpress Account, while Ecobank Nigeria carted awayÂ the award for â€˜Best Transaction Bank in Nigeria,â€™Â West Africa award.
Also,Â Ecobank Ghana wonÂ â€˜Best Transaction Bank in Ghana, West Africa.â€™
The bank disclosed this in a statement at the weekend.
Speaking at the award ceremony in Lagos, the Chairman, The Asian Banker, Emmanuel Daniel, was quoted to haveÂ said: â€œThese awards are the most rigorous, prestigious and transparent awards programme for financial technology, retail banking and transaction banking in West Africa today.
â€œWe recognise the deepening and increasing maturity and sophistication of the industry in this region.â€
HeÂ said the awards wereÂ pointersÂ that that the bank hadÂ re-emerged as a strong player owing to its digital restructuring and improved economy.
Â Â â€œEcobankâ€™s aggressive digital push produced a first innovative mobile payments solution. Masterpass QR with MasterCard to push financial inclusion in Nigeria through its new, smart, card-less, contactless and cashless payment solution. This bank also launched an integrated electronic banking platform that has on-boarded four million customers within a short space of timeâ€.
Commenting on the feat, theManaging Director, Ecobank Nigeria,Charles Kie,Â thanked the Asian Banker Award Team for creating an opportunity to celebrate hard work by members of the banking community.
He described the awards as a worthy recognition of Â Ecobankâ€™s landmark initiatives targeted at financial inclusion on the African continent. He stated that the awards further affirmEcobankâ€™s leading contributions to the use of technology innovations and digital platforms for expanding banking frontiers.
Â Represented byÂ theÂ Group Head, Personal Banking, Korede Demola-Adeniyi,Â Â KieÂ statedÂ described Ecobankâ€™sÂ Mobile AppÂ as a game changer for African banking as â€œwe using digital technology to combat many of the financial inclusion barriers faced by those on the continent.
He added: â€œOur app not only removes the barriers that have financially excluded so many Africans but offers next generation functionality to help them send money, make withdrawals or pay for goods and services.â€