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African News Herald > Blog > Africa > Ecobank named Africa’s Best Bank for Trade Finance in Global Finance Awards
Africa

Ecobank named Africa’s Best Bank for Trade Finance in Global Finance Awards

ANH Team
Last updated: March 20, 2025 11:38 pm
ANH Team
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Ecobank Group Named Best Trade Finance Provider in Africa

Ecobank Transnational Incorporated

Ecobank Group, the leading private pan-African financial services group, has been honored with the prestigious title of Best Trade Finance Provider Bank in Africa at the Global Finance Trade Finance & Supply Chain Finance Awards 2025. In addition to this accolade, Ecobank’s affiliates in Burkina Faso, Côte d’Ivoire, and Rwanda have also been recognized as the Best Trade Finance Provider in their respective markets.

Michael Larbie, Group Executive Corporate and Investment Banking, expressed the bank’s commitment to delivering a wide range of trade finance solutions and exceptional trade services to clients across the African continent. With a focus on leveraging the African Continental Free Trade Area’s single market, Ecobank has introduced the innovative “Ecobank Single Market Trade Hub” to digitally connect buyers and suppliers, providing access to a comprehensive suite of trade finance products and services. The bank’s goal is to be the preferred financial institution for African businesses, supporting economic growth and development across the region.

Ecobank offers comprehensive trade solutions to customers, utilizing various payment methods to facilitate cross-border and domestic trade within its network of 35 sub-Saharan African countries. The bank’s unique intra-Africa trade solutions enable efficient settlement of domestic and international transactions while managing payment risks effectively. Through collaboration with clients, Ecobank reviews key aspects of transaction processing, including Settlement, Financing, Risk Mitigation, Credit Enhancement, and compliance with Exchange Control Regulations. The bank’s trade products and solutions are categorized into structured trade and commodity finance, trade services, and supply chain finance.

See also  Afreximbank Signs A $100 Million Trade Finance Facility With JE Energy For The Execution Of Guyana Crude Oil Export Contracts – Africa.com

The Global Finance awards judges selected Ecobank as the winner in the trade finance provider category based on feedback from industry analysts, corporate executives, and technology experts. Factors such as transaction volume, global coverage, customer service, competitive pricing, risk management, and innovation in products and services contributed to Ecobank’s recognition. The awards were presented to Ecobank during the BAFT Europe Bank-To-Bank Forum in Amsterdam on March 12, 2025.

Media Contacts:
Ecobank Transnational Incorporated

Christiane Bossom,
Group Communications, Ecobank Transnational Incorporated
Email: groupcorporatecomms@ecobank.com
Tel: +228 22 21 03 03
Web: www.Ecobank.com

About Ecobank:
Ecobank Group is the leading private pan-African banking group with a strong presence in 35 sub-Saharan African countries, as well as France, the UK, UAE, and China. The Group’s pan-African platform serves as a single gateway for payments, cash management, trade, and investment, catering to over 32 million customers. With a workforce of over 14,000 employees, Ecobank offers Consumer, Commercial, Corporate, and Investment Banking products and solutions through various channels, including digital platforms. For more information, visit www.Ecobank.com

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