Ecobank Transnational, a Togo-based pan-African banking group, has expanded its presence in Zimbabwe with the opening of two new branches at Msasa and Graniteside in Harare.
The lender entered Zimbabwe in 2011 with the opening of three branches in Harare and Bulawayo, but now has expanded its business to 13 branches in cities such as Chiredzi, Chitungwiza, Kwekwe and Mutare.
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Ecobank managing director Daniel Sackey was quoted by New Zimbabwe as saying that the opening of these additional branches is a testimony of their commitment to fulfilling the promises they made to their customers when Ecobank invested in Zimbabwe two years ago; that is to make banking reliable, accessible and affordable to their retail and corporate customers.
"Graniteside and Msasa are strategic industrial sites whose potential any bank cannot ignore and provide Ecobank with a platform to serve not only the industrial customers but passing traffic and retail customers in the industrial environs, who we desire to provide with a pan African experience," Sackey added.
The lender further plans to open additional branches in Southerton, Gweru and Masvingo in 2014.
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