Ecobank Credit And Finance

Banking category contains money and finance related classifications such as banks, financial consultants and money exchange. Ecobank is a Malian-based company. It is engaged in providing wholesale, retail, investment and transaction banking products and services to governments and governmental agencies, multinationals, finance institutions, local companies, small, medium and micro enterprises, high-net-worth individuals and consumers in Africa. During the fiscal year end December 31, 2006 (fiscal 2006), Ecobank had operations in Benin, Burkina Faso, Cape Verde, Cameroon, Chad, Cote d Ivoire, Ghana, Guinea, Liberia, Mali, Senegal, Sierra Leone and Togo etc .The Company’s investment banking subsidiary is Ecobank Development Corporation (EDC). On October 31, 2006, the Company acquired 60% of the share capital of Banque Internationale pour Afrique au Tchad (BIAT) in Chad and 72% interest in Bank Internationale pour la Centrafrique (BICA) on January 30, 2007.