Overview
About Ecobank Tanzania
Ecobank Tanzania is a Subsidiary of Ecobank Transnational Incorporated (ETI) a multinational bank Presentin 34 African Countries.
The Bank achieved significant improvement in virtually all its financial metrics in 2012. Revenues grew by 125% to a record Tsh8.6 billion. Total loans/advances increased by 112% to an unprecedented Tsh77.4 billion in 2012 .Total deposits grew by 49% to record Tsh72.6 billion in 2012 on the back of increased mobilization from cash-in-transit collections. This largely fueled the 74% growth in the Bank’s total assets to Tsh114.4 billion in 2012, another performance milestone
The Bank achieved significant improvement in virtually all its financial metrics in 2012. Revenues grew by 125% to a record Tsh8.6 billion. Total loans/advances increased by 112% to an unprecedented Tsh77.4 billion in 2012 .Total deposits grew by 49% to record Tsh72.6 billion in 2012 on the back of increased mobilization from cash-in-transit collections. This largely fueled the 74% growth in the Bank’s total assets to Tsh114.4 billion in 2012, another performance milestone