Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Global Finance - Ecobank World’s Best Frontier Markets Bank

Global Finance Names Ecobank World’s Best Frontier Markets Bank 2013

NEW YORK, August 14, 2013 Global Finance magazine (GFmag.com) has named Ecobank as its first-ever World’s Best Frontier Markets Bank for 2013.

This distinction is part of Global Finance’s annual World’s Best Ranks report and will be featured in Global Finance’s October issue, with special distribution in Washington, DC at the Annual Meetings of the World Bank and IMF where Global Finance is official media sponsor for the IMF Meetings Seminars.

“In light of the uncertainty facing developed markets, and with emerging markets struggling to maintain their growth rates, the corporate world is beginning to take notice of frontier markets as a new area of opportunity,” said Global Finance’s publisher, Joseph D. Giarraputo. “These markets are in a position comparable to where emerging markets were 20 years ago and they are poised for serious growth.” Each issue of Global Finance features a Frontier Markets Focus section, which looks at one key country and provides the crucial blend of insight and market intelligence that has made Global Finance the acknowledged leader in the coverage of emerging markets worldwide.

Ecobank was selected as World’s Best Frontier Markets Bank for 2013 based on performance over the past year and other subjective criteria including reputation and management excellence. Global Finance made this selection after extensive consultations with bankers, corporate financial executives and analysts throughout the world.

Ecobank is a pan-African bank founded in 1985, with a presence in 34 African countries, more than any other bank. It is bringing mobile banking services to previously unbanked frontier markets. Ecobank has demonstrated vision and confidence in Africa’s long-term growth potential.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Government: New Year Border Exception For Seasonal Workers In The Horticulture And Wine Industries

2000 additional RSE workers to enter New Zealand early next year employers must pay these workers at least $22.10 an hour employers will cover costs of managed isolation for the RSE workers RSE workers will be paid the equivalent of 30 hours work a week ... More>>

ALSO:

Grey Power: Is Disappointed To Learn Of More Bank Closures

Many older people are being left without essential services because of cost cutting and the march of modern technology. It is now expected that most banking transactions can occur via the internet or telephone. Jan Pentecost, President of the Grey Power ... More>>

ALSO:

Economy: Supply Chain On Brink Of Overload Says National Road Carriers

The New Zealand supply chain is on the brink of overload and it looks like the upcoming peak imports season may push it over the edge says National Road Carriers Association (NRC) CEO David Aitken. “Worldwide supply chains are in disarray,” says Mr Aitken. ... More>>

Stats NZ: Annual Goods Trade Surplus At 28-Year High

New Zealand’s annual goods trade surplus reached a 28-year high of $2.2 billion as imports tumbled in the year ended October 2020, Stats NZ said today. “This is the largest annual surplus since the July 1992 year, driven mainly by much lower ... More>>

ComCom: How Real Is That Bargain?

The Commerce Commission urges retailers and consumers to think hard about the bargains being offered as ‘Black Friday’ and Christmas draw near. Black Friday has now overtaken Boxing Day in terms of retail spending, according to data from electronic ... More>>

Stats NZ: Births And Deaths: Year Ended September 2020

Births and deaths releases provide statistics on the number of births and deaths registered in New Zealand, and selected fertility and mortality rates. Key facts For the year ended September 2020: 57,753 live births and 32,670 deaths ... More>>

ALSO:


Forest & Bird: Kākāpō Wins Bird Of The Year 2020

The nation has voted and Aotearoa New Zealand has a new Bird of the Year. New Zealand’s moss-colored flightless parrot has climbed to the top-spot for the second time in Forest & Bird’s annual Te Manu Rongonui o Te Tau/Bird of the Year competition. ... More>>