Ecobank Transnational Incorporated Share Price and Investment Information

Ecobank Transnational Incorporated (ETI) is a leading pan-African banking group with a significant presence in 33 countries.

The company's share price is listed on the Nigerian Stock Exchange (NSE) under the ticker symbol ETCO.

ETI's shares are highly liquid, with an average daily trading volume of over 10 million shares.

Investors can trade ETI's shares through various online platforms, including the NSE's e-dividend platform and the Central Securities Clearing System (CSCS) electronic trading platform.

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Ecobank Transnational Incorporated is listed on the Nigerian Stock Exchange (NSE) and is part of the NSE's Premium Board.

Ecobank Transnational Incorporated's shares are denominated in Naira, the Nigerian currency.

The bank's shares are available for trading on the NSE, making it possible for investors to buy and sell them.

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Ecobank Transnational Incorporated's share price has fluctuated over the years, with significant changes in 2020 due to the COVID-19 pandemic.

The company's market capitalization has been steadily increasing, reaching $2.5 billion in 2022.

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Ecobank's share price has been listed on the Nigerian Stock Exchange (NSE) since 2009, and it has been a major player in the West African financial sector.

The bank's diversified portfolio and strong financial performance have contributed to its growth and stability.

Ecobank's shares have been actively traded, with a significant number of shares changing hands in 2020, resulting in a higher turnover.

The company's financial statements, including its income statement and balance sheet, have been publicly disclosed, providing transparency and accountability.

Ecobank's share price has been influenced by various market and economic factors, including interest rates and inflation.

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Ecobank Transnational Incorporated has announced the successful completion of its US$2.5 billion hybrid rights issue and public offer.

The offer was launched in August and was subscribed by African investors, despite the turmoil in global financial markets.

A total of US$550,758,912.82 was raised from the three West African stock markets, as well as other markets across Africa where local regulations permit.

This has bolstered Ecobank's equity capital to over US$1.5 billion, making it a significant milestone for the company.

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Ecobank Transnational Incorporated has announced the results of its US$ 2.5 billion hybrid rights issue and public offer.

The offer was a historic moment for the company, as it was the first of its kind to extend across three different market jurisdictions. The three stock exchanges and their respective capital markets had to agree on the same prospectus.

A total of US$550,758,912.82 was raised from all three markets as well as other markets across Africa where the local regulation permits. This is a significant amount of money, and it's a testament to the company's commitment to Africa.

The offer was largely subscribed by African investors, which is a great sign for the company's future growth.

Ecobank Transnational Incorporated Plc started the current financial year (2021) with a share price of 6.00 Nigerian Naira (NGN) on the Nigerian Stock Exchange (NGX).

It gained 5% in value on its price valuation, ranking 63rd on the NGX with its year-to-date performance.

The company is currently the 20th most-traded stock on the NGX.

A total trading volume of more than 242 million shares were finalised in 2,694 deals and were valued at a total of 1.33 Billion Nigerian Naira (NGN) over the recent three month period from July to September 2021.

This equates to an average of 3.84 million shares in each trading session.

A volume high of 32.8 million shares was traded on a single day during this period.

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The competitors of Ecobank Transnational Incorporated are a diverse group of banks and financial institutions.

Bank of Africa - Niger is one of the competitors, with a share price of 2,590.00 and a 0.58% increase.

Coris Bank International has a share price of 9,895.00 and a 0.10% increase.

Alios Finance CI - SAFCA has a share price of 720.00 with no change.

Oragroup has a share price of 1,920.00 with no change.

BICICI has a share price of 14,000.00 with no change.

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Bank of Africa - Mali has a share price of 1,890.00 with no change.

Bank of Africa - Burkina Faso has a share price of 3,035.00 with no change.

Bank of Africa - CI has a share price of 4,995.00 with no change.

Bank of Africa - Benin has a share price of 3,685.00 with no change.

Ecobank Cote d'Ivoire is another competitor, with a share price of 8,750.00 and a -0.51% decrease.

Here's a list of the competitors and their share prices: