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The Trust Bank will be integrated into ECOBANK’s domestic and corporate banking units after it fully merges with ECOBANK.This is one of the strategies the bank is adopting to ensure the merged entity deliver prudent results.ECOBANK Ghana currently has about four units under its operations: domestic, corporate, capital and a microfinance subsidiary.There were however speculations that TTB will be added as a separate unit after the merger.But Managing Director of ECOBANK Samuel Ashitey-Adjei says that will not be the situation.
He said ECOBANK will also maintain all TTB branches currently in operations, putting the total branch network of the two banks at 73
ECOBANK is projecting to be the biggest bank in the country in terms of assets and profits after it completes the merger.
Meanwhile, the branding of TTB as ECOBANK is now expected to be completed by June instead of the initial plan of July this year.Already, systems of the two banks have been integrated. Staff of TTB has also been absorbed into ECOBANK Ghana.
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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
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