Ecobank Transactional Incorporated (ETI) is assuring its  minority shareholders that their interests will be protected despite bringing on  board other international banks.

Over the years NedBank of South Africa and  Qatar National Bank have taken some interest in  ETI.

Speaking to Joy Business after ETI took its turn at the Stock Exchange Facts Behind the Figures Session,  Group Chief Executive , Albert Essien, said there is no cause for alarm as the African identity of the  Bank would still be  protected even as these two banks come on board.

He explained that the involvement of the two banks is aimed at attracting funds "to propel the business in the interest of Africa".

"The world is a global village", he said reiterating the need to pool funds from every corner of the world to keep the vision of Ecobank in progress. 

According to the current shareholding structure, NedBank of South Africa has 20 percent interest in ETI, Qatar National Bank  has 16.9 , Government  Employees Pension  Fund (PIC ) -13.9 percent , IFC Funds -9,3 percent , IFC direct - 5.2 percent  and SSNIT GHANA - 4 percent

ECOBANK Transactional Incorporated profits before tax  from January to  September has reached  408 million dollars, while revenue stood at 1.6 billion  dollars.