ECOBANK has emerged as the 2014 Bank of the Year at the Ghana Banking Awards held last Saturday night in Accra.

ECOBANK beat competition from 27 other local and international banks to pick the top most award at a ceremony held at the Labadi Beach Hotel.

According to organizers of the Awards Corporate Initiative Ghana, a careful assessment was done on the published financial results of 28 banks.

The views from more than 6000 corporate and retail clients also informed the choice.

Corporate Initiative Ghana also explained that ECOBANK took the topmost award because they won in categories that had a strong weighting like Corporate Social Responsibility and Financial Performance.

Executive Director and Head of Domestic Banking at ECOBANK Ghana, George Mensah Asante attributes the win to customer service and product innovation.

Other big winners for the night, were Royal bank which was adjudged best bank in five categories - Customer Care, Advisory Services, Growing bank and Retail Finance and Long-term Mortgage Finance.

Full list of the awards

Bank of the year

Ecobank

BEST BANK IN AGRICULTURAL, FORESTRY AND FISHING

Winner- ADB

1st Runner up – UNIBANK

 2nd  Runner up -  Ecobank

BEST BANK COMPETITIVE PRICING

 Winner – Bank of Baroda

1 runner up- GT bank

2nd Runner up – Ecobank

 

BEST BANK E- COMMERCE 

Winner-Zenith BANK

 ECOBANK

GCB

 MOST ACTIVE E-ZWICH BANK

Winner – UT bank 

1st Runner UP-  GCB

2nd Runner up – ECOBANK

 BEST BANK GROWTH

Winner- Royal Bank

1st  Runner up -  GT bank

2nd First Atlantic - Merchant Bank

BEST BANK CORPORATE SOCIAL RESPONSIBILITY

Winner-  Fidelity Bank
2nd  Unibank 
3rd ECOBANK

CUSTOMER CARE

1. Royal Bank
2. First capital Bank
3 Zenith Bank


ADVISORY SERVICE
1. Royal bank
2.cal bank
3.Bank of African

TRADE FINANCE BANK OF THE YEAR
Winner -  Stanbic bank
2. Zenith Bank
3. Sahel Bank


TRADE DEAL OF THE YEAR
Winner - Barclays Bank
 1 runner UP. First Atlantic bank
2^nd Runner up - Access bank


LONG TERM MORTGAGE FINANCE
Winner- Royal bank
1 runner up Unibank
2 Runner up - Zenith bank

BEST BANK RETAIL FINANCE

Winner- Royal bank
1 runner up Prudential bank
2nd First Atlantic

CORPORATE FINANCE
Winner - Ecobank
1^st Runner   Cal bank

2 Runner up -Prudential bank