Ecobank Wins Double Awards

first_imgThis recognition came just before Ecobank Cabo Verde, Gambia, Liberia and Zimbabwe won Best Bank at the EMEA Finance African Banking Awards on December 5.“Bank of the Year” and “Best Bank” in prestigious London awards ceremonies. The judging panels were impressed by Ecobank’s sound management, business model and strategic initiatives as well as its pioneering technology Lomé, Togo, December 9, 2019.Ecobank wins the “Bank of the Year” and “Best Bank” at the Banker and EMEA Finance Awards in London. Ecobank Cameroon, Gambia and Rwanda won Bank of the Year at The Banker Awards on November 28.This recognition came just before Ecobank Cabo Verde, Gambia, Liberia and Zimbabwe won Best Bank at the EMEA Finance African Banking Awards on December 5.The Banker is the most prestigious global financial publication and EMEA Finance is widely read by the international banking community.Ade Ayeyemi, Group CEO of Ecobank said: “We are pleased to be recognized as ‘Bank of the Year’ and ‘Best Bank’ in two distinguished award ceremonies in London. This confirms the strength of our brand in multiple countries across Africa, our unique pan-African platform and innovative banking products and solutions. Indeed, our One Bank strategy is providing the desired banking excellence for our consumer, commercial and corporate customers across the 33 countries in which we operate on the continent.”The judging panels were impressed by Ecobank’s sound management, business model and strategic initiatives as well as its pioneering technology. They highlighted the bank’s recent innovations, including digitalized trade finance products, Ecobank Online and Omni Lite, digital payment solution, Ecobank Pay, and cross-border remittance solution, Rapid transfer.These products are transforming the banking sector and empowering African businesses by providing accessibility and affordability.Ecobank Transnational Incorporated (‘ETI’) (www.Ecobank.com) is the parent company of the Ecobank Group, the leading independent pan-African banking group. The Ecobank Group employs over 15,000 people and serves about 20 million customers in the consumer, commercial and corporate banking sectors across 33 African countries.The Group has a banking license in France and representative offices in Addis Ababa, Ethiopia; Johannesburg, South Africa; Beijing, China; London, the UK and Dubai, the United Arab Emirates.The Group offers a full suite of banking products, services and solutions including bank and deposit accounts, loans, cash management, advisory, trade, securities, wealth and asset management. ETI is listed on the Nigerian Stock Exchanges in Lagos, the Ghana Stock Exchange in Accra, and the Bourse Régionale des Valeurs Mobilières in Abidjan.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

See More

Maryland Advances Bill To Cover Frustrated Applicants

first_img This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription. The Maryland Senate has sent the House of Delegates a measure to provide immediate health insurance to people who sought unsuccessfully to enroll in the state’s troubled health exchange. Meanwhile, Texas’ top insurance regulator released new rules for navigators and Minnesota’s exchange woes are covered.The Associated Press: Md. Senate Oks Bill On Health Exchange ProblemsThe Maryland Senate voted Tuesday for an emergency measure to provide health insurance for people who tried to enroll online in the state’s health exchange but couldn’t because of computer problems. The bill, which still needs House approval, would enable people to enroll in an already existing state insurance pool called the Maryland Health Insurance Program. The program is a separate safety net plan that has served as a high-risk pool for state residents without insurance. Because the bill is an emergency measure, it would take effect as soon as it is signed by Gov. Martin O’Malley, whose administration proposed the bill (Witte, 1/21).The Washington Post: Rep. Delaney Voices Frustration Over Maryland Health ExchangeSix weeks ago, Rep. John K. Delaney began to push this idea: What if Maryland just abandoned its troubled online health insurance marketplace and used the federal version instead? Or maybe used some combination of the two? Delaney (D-Md.) waited for state officials to fully evaluate the option. Then, on Jan. 6, he sent a letter to the state’s secretary of health and asked for a brief analysis of the “pros and cons” of switching. He didn’t receive a formal response. On Tuesday, Delaney sent another letter (Johnson, 1/21). Politico Pro: Obamacare’s Second ActHere comes Obamacare’s second act. A more confident White House and pro-Obamacare states are calling on celebrities, rock stars and athletes to make the case for health insurance before the March 31 end of open enrollment. With the website now working and stories trickling out about people getting covered, the backdrop is different than the faulty technology and insurance cancellations that dominated the first half of the enrollment season (Millman, 1/22). The Dallas Morning News: State Finalizes Rules To Require More Training For Obamacare NavigatorsTexas’ top insurance regulator on Tuesday softened some provisions of a new state rule on health insurance “navigators” but insisted they receive additional training and undergo background checks and fingerprinting. Insurance Commissioner Julia Rathgeber dropped a so-called gag rule that some Democratic state senators warned could prevent navigators from helping consumers sort out the pros and cons of policies offered in the federal government’s health insurance marketplace. Rathgeber’s original plan would have barred navigators from comparing the features of different policies, which “essentially strips the purpose of having health navigators in the first place,” Sen. Sylvia Garcia, D-Houston, said earlier this month (Garrett, 1/21).The Texas Tribune: Texas Finalizes Rules For Health Care Navigators The Texas Department of Insurance on Tuesday issued state regulations for health care “navigators,” the workers who assist people seeking health insurance in the federal marketplace created by the Affordable Care Act (Aaronson, 1/21).MinnPost: Do MNsure’s Problems Reflect Bigger Government Workforce Problems?If misery loves company, frustrated Minnesotans who have grappled with the troubled MNsure online health care exchange can take some solace.  We are not alone.  Oregon, Hawaii, Vermont and Maryland among others have all reported experiencing serious technical issues with their respective rollouts (Haveman, 1/21). Maryland Advances Bill To Cover Frustrated Applicantslast_img read more

See More