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EcoBank

Chichiri


+265 1 879 301

+265 1 879 302

+265 1 879 303

P.O. Box 511 Chichiri, Blantyre 3,

emwgc@ecobank.com

www.ecobank.com


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About us

Ecobank Malawi is supervised and regulated by the Banking Supervision Department of the Reserve Bank of Malawi (RBM), which is the Central Bank of Malawi. EBG has 6 branches and customer service points in Ghana and a head count of 88.

R.O.E has consistently been around 9% in 2009,2010 and 2011 but slumped to leas than 1% in 2012 due to adverse macroeconomic factors experienced in that year. ROA has been averaging 1% in the past four years.2013 has brighter prospects and we exect the ROE to be in the region of 40% and ROA to be around 6%.

ETI, a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of ECOWAS.

In the early 1980’s the banking industry in West Africa was dominated by foreign and state-owned banks. There were hardly any commercial banks in West Africa owned and managed by the African private sector. ETI was founded with the objective of filling this vacuum. - See more at: https://en.wikipedia.org/wiki/Ecobank


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