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Ecobank Zimbabwe

Business Essentials:

Country: Zimbabwe
Industry: Banking
Year of investment: 2009
Exit: 2011

 

Business description:

  • Merchant bank and asset management firm in Zimbabwe
  • Business model primarily focused on corporate and private banking, though it also owns an asset management company and a capital management company to conduct non-regulatory financial services business
  • Estimated to be the 16th largest commercial bank
  • Main sources of income are interest income, investment banking fees, as well as banking services and transaction fees
Topics: Portfolio