Ecobank Nigeria, a member of the Ecobank Group, has been awarded the prestigious Client Excellence Award by Deutsche Bank AG, recognizing its exceptional performance in institutional cash management over the past year.

The award presentation took place in Lagos, where Andreas Voss, Chief Country Representative of Deutsche Bank AG, Corporate Bank, congratulated Ecobank on this achievement. Voss emphasized that the award acknowledges Ecobank’s remarkable efficiency in payments and cash management, driven by its dedication to quality, effective communication, and proactive approach.

“Ecobank’s commitment to excellence and their collaborative approach have made them an invaluable partner,” stated Voss. “Their achievement of a Straight Through Processing (STP) rate above 99 percent for foreign currency payments and international settlement services demonstrates their adherence to high SWIFT standards, ensuring rapid crediting to beneficiary accounts.”

Segun Anjorin, Acting Head of Corporate Banking at Ecobank Nigeria, expressed gratitude to Deutsche Bank for the recognition, describing the award as a testament to the strong partnership between the two institutions. Anjorin highlighted Ecobank’s focus on STP implementation as a key factor in achieving operational efficiency and compliance with global payment standards.

This recognition underscores Ecobank Nigeria’s commitment to delivering top-quality cash management services, reinforcing its reputation as a leader in the financial sector.