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
2nd 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
1st Runner Cal bank
2 Runner up -Prudential bank
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