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Ecobank Gives Entrepreneurs An Edge With “Business Account”


Sep 29, 2021

The Managing Director, Ecobank Nigeria, Mr. Patrick Akinwuntan, noted recently that Ecobank has combined its account solutions to commercial banking customers to provide a single complete package at the point of account opening to make account relationships easier for customers and intending customers.

The package called – The Business Account will offer a combination of a business account, free digital channels for payments and collections, free personalized e-commerce web page, debit card (where required), free capacity building sessions, and free financial advisory. The package also offers all the relevant loan types to address the borrowing needs of the businesses.

Unveiling the product in Lagos, Carol Oyedeji, Executive Director, Commercial Banking, Ecobank Nigeria, described the new package as an innovative response to the needs of the market, as it demonstrates Ecobank’s willingness to assist both new and established businesses.

She listed some of the benefits of the Business Account package to include access to EcobankPay- NQR code-based payment method for seamless sales collections and OmniLite- the web-based payment platform for small businesses. She also stated that “In this era of e-commerce, we have partnered Google to help take our customers’ businesses online with Google MyBusiness through which they can host their products online for wider reach and improved profitability.”

Further, Mrs. Oyedeji reiterated that “Ecobank Business Account helps you navigate the business terrain more effectively. It is aimed at providing an easy way for business owners to manage their businesses with ease and access viable opportunities. The account can be opened online easily at www.ecobank.com/open-account or any Ecobank branch.”

Also speaking. Emeka Agada, Country Head Of SME (Small And Medium Enterprises), said that the bundling of Ecobank’s business solutions into one package called Business Account is a very innovative way to help commercial banking customers access all the applicable solutions from one touchpoint.

Ecobank Nigeria Ltd. is a subsidiary of the Ecobank Group, the leading pan-African banking group with operations in 33 African countries and an international presence in four locations (London, Paris, Beijing, and Dubai). Ecobank Nigeria is a full-service bank providing wholesale, retail, investment, and transaction banking services and products to governments, financial institutions, multinationals, international organizations, medium, small and micro businesses, and individuals.

Ecobank is a major player in the distribution of financial services in Nigeria, leveraging digital platforms including Ecobank Mobile App and USSD *326#, Ecobank Online, Ecobank OmniPlus, Ecobank OmniLite, EcobankPay, Ecobank Rapidtransfer, ATMs, POS, and an extensive distribution network of over 250 branches and about 30,000 agency banking locations.

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