Digital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Facebook X (Twitter) Instagram
Trending
  • Stakeholders At eBusinessLife Girls In ICT Day Event Call For More Action On Girls Participation In ICT
  • UK Minister For Africa Concludes Strategic Visit To Nigeria To Deepen Bilateral Ties
  • NATEP Relaunched As Nigeria Targets 1 Million Jobs, $1 Billion FDI In Digital Service Exports
  • “How Do I Kelee Gi?”: The Song That Rose From The Rubble Of A Lagos Bomb Blast
  • Hydrogen, Lagos State Govt Power Wellness Drive For Business Owners In Ikeja
  • Tinubu Hails NASENI’s Contributions To National Economy
  • Experts @ABoICT 2025 Warn Of Digital Disaster Risks In Nigeria Without AI Governance
  • NCC Unveils e-Health Project In Akure To Boost Digital Healthcare
Facebook X (Twitter) Instagram
Digital Times NigeriaDigital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Digital Times Nigeria
Home » Ecobank Transnational Incorporated Receives Arise B.V’s $75 million Investment
BANKING

Ecobank Transnational Incorporated Receives Arise B.V’s $75 million Investment

DigitalTimesNGBy DigitalTimesNG7 September 2021No Comments2 Mins Read12 Views
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
ECOBANK 4
Photo Credit: Umaizi
Share
Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp

Ecobank Transnational Incorporated, the Lomé-based parent company of the Ecobank Group has announced a US$75 million Additional Tier 1 (“AT1”) investment by Arise B.V. (“Arise”).

This Basel III compliant instrument is the first AT1 instrument issued by ETI and a landmark transaction in the sub-Saharan Africa region which will optimize and improve ETI’s Tier 1 capital by US$75 million.

The investment by Arise, a leading equity investor in financial institutions in Sub-Saharan Africa and one of ETI’s existing major institutional shareholders, demonstrates the support, commitment and capacity of Ecobank’s international shareholder base.

This additional investment will be used by ETI for its general corporate purposes which will include loan growth and strengthening the capital buffers of profitable subsidiaries in two of the Group’s cornerstone regions, Francophone West Africa and Anglophone West Africa.

Ade Ayeyemi, Group Chief Executive Officer of ETI, stated: “This investment by Arise is a testament to continued support and confidence from our shareholders; their commitment to, and belief in our strategy which we remain focused on executing to deliver value to our shareholders and excellence to our customers. Indeed, in addition to improving our double leverage ratio, it is also a good boost for the firm and its staff.”

Deepak Malik, Chief Executive Officer of Arise noted that “ETI is our primary banking investment in Francophone West Africa and Anglophone West Africa. We are very supportive of ETI’s growth ambitions and its ability to increase financial services to Agro, SMEs & retail customers. Our investment will also strengthen the balance sheet of ETI and provide additional risk capital.”

READ ALSO  Access Holdings Names Bolaji Agbede Acting CEO

The AT1 investment follows ETI’s ground-breaking US$350 million subordinated Sustainability Eurobond issued in June 2021 which was very well received by international investors across multiple continents.

The Eurobond, which qualifies as Tier 2 capital, is listed on the London Stock Exchange.

 

#75 million Investment #Arise B.V. #Banking #Ecobank Group #Ecobank Transnational Incorporated
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleLG Opens Application For $20m Global Competition For Tech Startups
Next Article The Future Of Work Is Now: Making Hybrid Work For Your Business
DigitalTimesNG
  • X (Twitter)

Related Posts

Access Holdings Sets Benchmark In Fraud Prevention With ₦193.5 Billion Tech Investment

19 May 2025

Access Bank Launches DiamondXtra Season 17 With Expanded Rewards And ‘Salary For Life’

14 May 2025

Access Holdings Appoints Ibironke Adeyemi As Independent Non-Executive Director

5 May 2025

UBA Increases Dividend Payout By 79%, Plans Further Capital Raise In 2025

28 April 2025

Access Bank Responds To Viral Report Of Employee Filming Colleagues In Restrooms

28 April 2025

Access Holdings Delivers Strong 2024 Results Amid Rising Costs

17 April 2025

Comments are closed.

Categories
About
About

Digital Times Nigeria (www.digitaltimesng.com) is an online technology publication of Digital Times Media Services.

Facebook X (Twitter) Instagram
Latest Posts

Stakeholders At eBusinessLife Girls In ICT Day Event Call For More Action On Girls Participation In ICT

2 June 2025

UK Minister For Africa Concludes Strategic Visit To Nigeria To Deepen Bilateral Ties

2 June 2025

NATEP Relaunched As Nigeria Targets 1 Million Jobs, $1 Billion FDI In Digital Service Exports

2 June 2025
Popular Posts

Building Explainable AI (XAI) Dashboards For Non-Technical Stakeholders

2 May 2022

Building Ethical AI Starts With People: How Gabriel Ayodele Is Engineering Trust Through Mentorship

8 January 2024

Gabriel Tosin Ayodele: Leading AI-Powered Innovation In Web3

8 November 2022
© 2025 Digital Times NG. Designed by Max Excellence LLC.
  • Advert Rate
  • Terms of Use
  • Advertisement
  • Private Policy
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.