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EUROMONEY, Interview, Nigeria - Tue Nov 19th, 2013

Nedbank’s Brown rules out raid on Ecobank

In an interview with Euromoney, Mike Brown, CEO of Johannesburg-based Nedbank, clarifies ownership and business intentions with Togo’s pan-African lender ETI – the two having operated a client-sharing service since 2008 – which has been subject of takeover rumours for years.

Ecobank: Africa’s banking champion leaps forward Ecobank Transnational Incorporated’s (ETI) five-year-old client-sharing service with Nedbank is touted by both sides as a resounding success.



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