Ecobank Group has announced strong results for fiscal 2021 with pre-tax profit up 174% and a record return on tangible equity of 19%, despite the continued negative economic impact of the Covid-19 pandemic, the group said in a statement.
Ecobank Group posted net income of US$1.8 billion, up 5% from the previous year, driven by increases in interest-bearing asset balances, income including payments, cards and credit-related fees.
