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Ecobank banks realizes a consolidated profit of FCFA 161.047 billion in 2019

The Pan-African banking group Ecobank achieved at the end of the 2019 financial year a consolidated net profit of 161.047 billion FCFA (251.570 million euros), announced the directors of the parent company of this establishment based in Togo, according to information relayed by Financial Afrik.

Compared to the 2018 financial year when it stood at CFAF 138.487 billion, this profit increased by 16%. “Our 2019 results reflect the resilience of our diverse business model,” said Ade Ayeyemi, Group CEO.

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