Ecobank Transnational Incorporated SA traded at 46.15 this Tuesday March 17th, increasing 0.20 or 0.44 percent since the previous trading session. Looking back, over the last four weeks, Ecobank Transnational Incorporated gained 7.33 percent. Over the last 12 months, its price rose by 59.14 percent. Looking ahead, we forecast Ecobank Transnational Incorporated SA to be priced at 44.56 by the end of this quarter and at 40.65 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ecobank Transnational Incorporated SA, formerly known as Ecobank Transnational Incorporated (ETI) is a bank holding company engaged in the provision of banking and financial services through its subsidiaries. Its segments are Domestic, Corporate and Investment Banking (CIB), and Treasury. The Domestic segment focuses on serving local companies, small and medium scale enterprises, government and government agencies, and retail market. The Corporate Bank focuses on providing banking services to multinationals and regional companies, financial institutions and international organizations. The Investment Bank constitutes corporate finance and asset management business. ETI''s Treasury segment provides value-added solutions, such as foreign exchange (FX), fixed income and money market activities primarily to Corporate and Investment Bank, and Domestic Bank clients. Its Treasury activities include sales, trading, balance sheet management, and currency and African assets distribution (CAAD).