Details of Ecobank Ghana Ltd

Company Profile

SymbolEGH
Company NameEcobank Ghana Ltd
Stated CapitalGHS226.64MILLION
SecuritySHARES
Nature of BusinessFINANCIAL SERVICES-BANKING
Date IncorporatedJanuary 9, 1989
CommentsCOMMENCED BUSINESS ON FEB 19,1990
Date ListedJULY, 2006
Registered Office19 SEVENTH AVENUE, RIDGE WEST
Postal AddressPMB, GPO, ACCRA-GHANA
Tel0
Fax0
Emailinfo@ecobank.com
Websitewww.ecobank.com
Types of Traded SecuritiesORDINARY SHARES
Issued Shares(GH) (mil.)293.23
Authorised Shares500 MILLION
DirectorsLionel Van Lare Dosoo,Samuel Ashitey Adjei,Kofi Ansah, Morgan Fianko Asiedu,Thomas Chukwuemeka Awagu,Mrs Mariam Gabala Dao,Terrence Ronald Darko - Chairman,George Mensah-Asante,Madam Evelyne Tall,Mrs Rosemary Yeboah,Awuraa Abena Asafo-Boakye,Martin Eson-Benjamin-Non-Executive Director
Change of Name
Comments

Press Releases

April 2017

EGH has released the attached announcement for the information of the general investing public.

Issued at Accra, this 10th day of  April, 2017.

December 2016

EGH announces the appointment of Mr. George Mensah-Asante as the Managing Director of Ecobank Liberia effective 1st December, 2016. Mr. Mensah-Asante therefore resigned from the Board of Directors of Ecobank Ghana Limited on Thursday, 1st December, 2016.

Issued in Accra, this 7th day of December, 2016.

May 2016

EGH announces that at the Bank’s Board of Directors meeting held on Thursday, May 5, 2016 appointed Mrs. Felicity Acquah to serve on the Board.  The appointment was ratified at the last Annual General Meeting of the Bank held on Friday, May 6, 2016.

Mrs. Felicity Acquah was nominated by the Parent Company, Ecobank Transnational Incorporated.

Issued in Accra, this 16th day of  May, 2016.

April 2016

Final Dividend
EGH announces that the Company’s Directors will be recommending to shareholders at the upcoming Annual General Meeting the payment of a  final dividend of GH¢0.84 per share (totaling GH¢246,311,832.48) in respect of the 2015 financial year.

Qualifying Date
All shareholders registered in the books of EGH at the close of business on Friday, 22nd April, 2016 will qualify for the final dividend.

Closure of Register
The Register of shareholders will be closed from Monday, 25th April, 2016 to Wednesday, 4th May, 2016 (both dates inclusive).

Ex-Dividend Date
In view of the foregoing, the ex-dividend date has been set as Wednesday, 20th April, 2016. Consequently, an investor purchasing EGH shares before this date will be entitled to the final dividend.  However, an investor buying EGH shares on or after Wednesday, 20th April, 2016 will not be entitled to the final dividend.

Dividend payment date
The final dividend will be paid on Friday, 27th May, 2016.

Annual General Meeting

EGH’s Annual General Meeting will be held at the College of Physicians & Surgeons on Friday, 6th May, 2016 at 10.30am.

Issued in Accra, this 15th day of  April, 2016.

November 2015

Ecobank Ghana Limited announces the change of the bank’s acronym from EBG to EGH.  This change is in line with the acronym in use at the Bank and across the Ecobank Group.

Issued in Accra, this 12th day of  November, 2015.

August 2015

EBG has announced the appointment of Mr. Terence Ronald Darko to chair the Board of the Bank. Mr. Darko has been a member of the Board of Director since April 2012. His appointment takes effect from August 4, 2015.


Issued at Accra, this 11th day of August, 2015
EBG has announced the appointment of Mr. Martin Eson-Benjamin to serve on the Board of the Bank as Non-Executive Director, effective August 4, 2015.

The appointment will be ratified at the next Annual General Meeting of the Bank.


Issued at Accra, this 11th day of August, 2015

June 2015

EBG announces to the investing public the demise of Mr. Lionel Van Lare Dosoo, Chairman of the Board of Directors of the Bank on Saturday, the 9th day of May, 2015.

Issued in Accra, this 11th day of June, 2015.

April 2015

EBG announces to the investing public that the Board of Directors of Ecobank Ghana Limited (EBG) at its 110th Meeting held on Wednesday, February 18, 2015 appointed Mr. Ernest Thompson to serve on the Board.

The appointment will be ratified at the next Annual General Meeting (AGM) of the Bank.

Mr. Thompson was nominated by the parent Company, Ecobank Transnational Incorporated (ETI).

Mr. Thompson, a lawyer by profession, is the acting Director- General of Social Security and National Insurance Trust (SSNIT).


Issued in Accra, this 14th
day of April, 2015.
Final Dividend
EBG announces that the bank’s Directors will be recommending to the shareholders at the upcoming Annual General Meeting, the payment of a final dividend of GH¢0.79 per share in respect of the 2014 financial year.

Qualifying Date
All shareholders registered in the books of EBG at the close of business on Friday, 24th April, 2015 will qualify for the final dividend.

Closure of Register
The Register of shareholders will be closed from Monday, 27th April, 2015 to Wednesday, 6th May, 2015 (both dates inclusive).

Ex-Dividend Date

In view of the foregoing, the ex-dividend date has been set as Wednesday, 22nd April, 2015. Consequently, an investor purchasing EBG shares before this date will be entitled to the final dividend. However, an investor buying EBG shares on or after Wednesday, 22nd April, 2015 will not be entitled to the final dividend.

Dividend payment date
The final dividend will be paid on Thursday, 21st May, 2015.

Annual General Meeting

EBG’s Annual General Meeting will be held at the College of Physicians & Surgeons on Thursday, 7th May, 2015 at 10.30 am.
Issued in Accra, this 1st
day of April, 2015.

June 2014

EBG has released to the investing public that it has acquired Banco ProCredit and has commenced trading in Mozambique.


Issued in Accra, this 4th
day of June, 2014

March 2014

Final Dividend

EBG announces that the Company’s Directors will be recommending to the shareholders at the upcoming Annual General Meeting, the payment of a final dividend of GH¢0.43 per share in respect of the 2013 financial year.

Qualifying Date

All shareholders registered in the books of EBG at the close of business on Monday, 21st April, 2014 will qualify for the final dividend.

Closure of Register

The Register of shareholders will be closed from Tuesday, 22nd April, 2014 to Tuesday, 29th April, 2014 (both dates inclusive).

Ex-Dividend Date

In view of the foregoing, the ex-dividend date has been set as Friday, 18th April, 2014. Consequently, an investor purchasing EBG shares before this date will be entitled to the final dividend. However, an investor buying EBG shares on or after Friday, 18th April, 2014 will not be entitled to the final dividend.

Dividend payment date

The final dividend will be paid on Wednesday, 14th May, 2014.

Annual General Meeting

EBG’s Annual General Meeting will be held at the College of Physicians & Surgeons on Wednesday, 30th April, 2014 at 10.30 am.

 

Issued in Accra, this 27th        

day of March, 2014

September 2013

EBG announces that Mr. Ernest Danso Asare ceased to serve as Executive Director of the bank effective 30th April, 2013.

This is due to his retirement from the bank at the age of 60 years.

Issued in Accra, this 9th
day of September, 2013

April 2013

Final Dividend
EBG announces that the Company’s Directors will be recommending to the shareholders at the upcoming Annual General Meeting, the payment of a final dividend of GH¢0.29 per share in respect of the 2012 financial year.
 
Qualifying Date
All shareholders registered in the books of EBG at the close of business on Wednesday, 10th April, 2013 will qualify for the final dividend.
 
Closure of Register
The Register of shareholders will be closed from Thursday, 11th April, 2013 to Thursday, 18th April, 2013 (both dates inclusive).
 
Ex-Dividend Date
In view of the foregoing, the ex-dividend date has been set as Monday, 8th April, 2013. Consequently, an investor purchasing EBG shares before this date will be entitled to the final dividend. However, an investor buying EBG shares on or after Monday, 8th April, 2013 will not be entitled to the final dividend.
 
Dividend payment date
The final dividend will be paid on Friday, 10th May, 2013.
 
Issued in Accra, this 5th        
day of April, 2013

March 2013

EBG announces that the bank’s Annual General Meeting will be held at the College of Physicians & Surgeons on Friday, 19th April, 2013 at 10.30 am.


Issued in Accra, this 20th
day of March, 2013

July 2010

EBG has released its un-audited Financial Statements for the second quarter ending June 30, 2010 as per the attached.


Issued in Accra, this 29th
day of July, 2010


CLICK HERE TO VIEW DETAILS

March 2010

EBG has released its audited Financial Statements for the year ended December 31, 2009 as per the extracts attached.


Issued in Accra, this 1st
day of March, 2010


CLICK HERE TO VIEW DETAILS

November 2009

IC Securities (Ghana) Limited and EDC Stockbrokers Limited, the managers’ of the Ecobank Ghana Limited (EBG) Rights Issue have released the attached announcement for the information of the general public.

As a result of the Rights Issue, EBG’s Issued Ordinary Shares has gone up from 201,531,250 to 230,128,372.

Issued at Accra, this 10th
day of November, 2009.



CLICK HERE TO VIEW DETAILS

April 2009

Bonus Shares
EBG through its Sponsoring broker, EDC Stockbrokers Ltd, has announced the approval by shareholders of a bonus share issue. One (1) new or additional ordinary share is to be issued to holders for every four (4) existing ordinary shares held.

Qualifying Date
The qualifying date for the bonus shares is Wednesday, April 22, 2009. All persons in the Register of EBG Ltd as at the close of business on Wednesday, April 22, 2009 will receive one (1) new share for every four (4) existing shares held on that date.

Closure of Register
The Register of Shareholders will be closed from Thursday, April 23 – Friday, April 24, 2009 (both dates inclusive).

Ex-Bonus Date
The ex-bonus date is Monday, April 20, 2009. An investor buying EBG shares before this date will be entitled to the bonus shares. Any investor buying EBG shares on or after this date will not be entitled to the bonus shares.

Transfer from Income Surplus
An amount of GH¢4.1 million (four million one hundred thousand Ghana Cedis) is to be transferred from Income Surplus to Stated Capital in respect of the bonus issue.

Electronic (book entry) certification
In line with the Council of the Exchange’s decision not to allow new or additional listings in paper certificates effective 2009, all shareholders of EBG Ltd are advised, as a matter of urgency, to open securities accounts with the GSE Securities Depository (GSD) at the office of any of the Licensed Dealing Members (Stockbrokers) of the Ghana Stock Exchange. This will facilitate the crediting of their bonus shares into their securities account. In opening a securities account, a shareholder is required to have a passport picture and an identification card (Voters ID card or National Health Insurance Card or Passport or Drivers’ Licence).

Shareholders are also advised that at the same time that they open a securities account, they can deposit any share certificate that they hold. In doing so, they should carry along with them the share certificate, or in its absence, the transfer or balance receipt, etc.

Further Information
For further information, contact the Ghana Stock Exchange, the GSE Securities Depository or your Stockbroker.

 
Issued at Accra, this 9th
day of April, 2009.

Financial Statements

October 2017

EGH has released its un-audited Consolidated Financial Statements for the third quarter ending September 30, 2017 as per the attached.

Issued in Accra, this 27 th day of October, 2017.

July 2017

EGH has released its un-audited Financial Statements for the period ending June 30, 2017 as per the attached.

Issued in Accra, this 31 st day of July, 2017.

October 2016

EGH has released its un-audited Financial Statements for the third quarter ending September 30, 2016 as per the attached.

Issued in Accra, this 27th day of  October, 2016.

August 2016

EGH has released its un-audited Financial Statements for the period ending June 30, 2016 as per the attached.

Issued in Accra, this 29th day of  July, 2016.

March 2016

EBG has released its audited Financial Statements for the year ended December 31, 2015 as per the attached.

Issued in Accra, this 29th day of  March, 2016.

October 2015

EBG has released its un-audited Financial Statements for the third quarter ending September 30, 2015 as per the attached.

Issued in Accra, this 28th day of  October, 2015.



July 2015

EBG has released its un-audited Financial Statements for the period ending June 30, 2015 as per the attached.


Issued in Accra, this 30th day of July, 2014.

April 2015

EBG has released its un-audited Financial Statements for the first quarter ending March 31, 2015 as per the attached.



Issued in Accra, this 30th
day of April, 2015.

March 2015

EBG has released its audited Financial Statements for the year ended December 31, 2014 as per the attached.


Issued in Accra, this 30th day of March, 2015.

October 2014

EBG has released its un-audited Financial Statements for the third quarter ending September 30, 2014 as per the attached.


Issued in Accra, this 30th day of October, 2014.

July 2014

EBG has released its un-audited Financial Statements for the period ending June 30, 2014 as per the attached.


Issued in Accra, this 29th
day of July, 2014

April 2014

EBG has released its first quarter Financial Statements for the period ending March 31, 2014 as per the attached.


Issued in Accra, this 29th
day of April, 2014

March 2014

EBG has released its audited Financial Statements for the year ended December 31, 2013 as per the attached.


Issued in Accra, this 27th
day of March, 2014

October 2013

April 2013

EBG has released its first quarter Financial Statements for the period ending March 31, 2013 as per the attached.


Issued in Accra, this 26th
day of April, 201

March 2013

EBG has released its audited Financial Statements for the year ended December 31, 2012 as per the extracts attached.


Issued in Accra, this 25th
day of March, 2013

May 2010

EBG has released its un-audited Financial Statements for the first quarter ended March 31, 2010 as per the attached.


Issued in Accra, this 31st
day of May, 2010.


CLICK HERE TO VIEW DETAILS
EBG has released its un-audited Financial Statements for the first quarter ending March 31, 2010 as per the attached.


Issued in Accra, this 5th
day of May, 2010


CLICK HERE TO VIEW DETAILS

Market News & Information

January 2014

The Ghana Stock Exchange in 2013 experienced another outstanding performance of listed equities since its establishment in 1990. The GSE Composite Index which measures the performance of the entire market went up by 78.81%, obviously one of the best in Africa. In US dollar ($) terms it was up by 55% second to Malawi in Africa. The exceptional 2013 performance was buoyed largely by increased investor awareness and good operating results of many of the listed companies supported by the renewed investor confidence in the Ghanaian market and economy.
 

February 2010

The patch that the market went through in 2009 resulted from the effect of the global financial crisis which began to be felt in the fourth quarter of 2008 and the fact that in 2009, the Exchange also effectively began migrating from paper certification to electronic book entry securities under our new automated Trading System.

May 2009

The stock market performance during the first quarter ending March 31, 2009 was not much different from the downward trend on most global capital markets. There were generally, low market activity characterized by low demands and large offers for listed securities resulting in a downward pressure on share prices.

Statistics