
Sector
Financial Services
Country
Liberia
Investment Date
October 2010

Ecobank Liberia is a universal bank based in Monrovia, and a leader in the local banking market. The bank’s strength stems from its ability to offer a wide range of financial services to individuals / professionals and corporates. The Bank also focuses on providing services such as payroll management, cash management, etc.
In 2010, AFIG Funds entered into an agreement with the pan-African banking group Ecobank Transnational Incorporated (“ETI”) for a USD 14 million investment in three ETI subsidiaries located in Chad, Rwanda and Liberia.