18.05.2012 Spain's troubled Bankia stock soars 19.55% +++ 18.05.2012 War-scarred Sierra Leone aims to become tourist paradise +++ 18.05.2012 G8 invites Kaberuka to talk African food security +++ 18.05.2012 IMF lauds Angola's economic stabilisation efforts +++ 18.05.2012 Greek banks, hostage to rumours, new poll +++ 17.05.2012 Italian bank shares hit by Greece, Spain debt worries +++ 17.05.2012 Investec results echo difficulties of environment +++ 17.05.2012 StanBank raises USD300m loan for MTN Ghana +++ 17.05.2012 StanBank raises USD300m loan for MTN Ghana +++ 17.05.2012 StanBank raises USD300m loan for MTN Ghana +++ 17.05.2012 Investec adjusted EPS 31.8p vs 43.2p +++ 17.05.2012 War-torn Somalia stages TEDx conference +++ 17.05.2012 Nigeria signs deals with French firms to boost power +++ 17.05.2012 Namakwa sells first batch of Lesotho diamonds +++ 17.05.2012 Paladin settles 'in principle' with workers +++ 17.05.2012 Absa welcomes plans to promote retirement savings +++ 17.05.2012 Citi SA appoints new head of equities +++ 16.05.2012 Vietnamese firm starts mobile phone service in Mozambique +++ 16.05.2012 Absa, UK Trade Investment to boost small business +++ 16.05.2012 Sudan, S.Sudan move from 'crisis to catastrophe' +++ 15.05.2012 Complaints to Credit Ombud up 5% in 2011 +++ 10.05.2012 IFC launches pan-African bond programme +++ 07.05.2012 World Bank names Diop as vice president for Africa +++ 04.05.2012 Tortoise can become a hare +++ 04.05.2012 Bungane to lead Barclays and Absa Africa strategy +++ 03.05.2012 Standard Bank makes high profile apppointment +++ 03.05.2012 New head for Absa Cap Investment Banking, Africa +++ 02.05.2012 African property market a profitable investment +++ 24.04.2012 Mozambique infrastructure finance opportunity +++ 20.04.2012 Nedbank welcomes PIC's investment in Ecobank +++
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















