Ecobank Nigeria is providing opportunities that support exporters and importers within the African region. Ecobank’s unique intra-Africa trade solutions enable settlements of trade transactions and mitigate payment risk; provide regional solutions and enable exporters to obtain payment guarantees without the need for a letter of credit and its related costs to the importers, said Sunday Abah, Head Trade Finance of Ecobank Nigeria.
Further, Mr Abah noted that Ecobank works closely with clients in reviewing key factors regarding transactions processing, settlements, financing, and risk mitigation as well as credit enhancement. The bank he reiterated, boasts of a unique and large Pan-African platform that positions it to support trade at all levels. Its technology platform is designed to help unlock the opportunities of the continent through standardization across 33 countries while fueling regional integration, trade and investment across borders.
Abah, who was speaking to select journalists in Lagos, also announced the Ecobank 2020 regional trade forum taking place in Lagos between March 12 and 13. He said exporters and importers within the African region will have the opportunity to exhibit their products in a marketplace scenario and participate in panel discussions by highly experienced and diversified stakeholders and leaders of thought in the industry.
Ecobank Nigeria is a member of the Pan African banking group with unparalleled Africa wide Network Advantage across 33 countries catering for businesses and providing world-class trade services to its customers.
The Ecobank Group network has over 30 years been enhancing the financial integration of the continent. The Group provides solutions to facilitate trade in the various trade corridors and groupings across Africa.