Audio By Carbonatix
Group Chief Executive of ECOBANK Arnold Epke has denied that the bank’s acquisition of The Trust Bank (TTB) was just to become a big bank to undertake huge transactions.
Analysts had argued that ECOBANK’s takeover of TTB was just to have a strong balance sheet for its operations.
There were also fears that ECOBANK might neglect some special areas been catered for by TTB.
But the brain behind the Group’s14 acquisitions in Africa, Arnold Epke tells Joy Business they rather wanted to contribute more to the Ghanaian economy.
Mr. Epke reiterated the bank’s commitment not to neglect small businesses as well as lay off any worker of The Trust Bank.
ECOBANK Transnational Incorporated, the parent company of ECOBANK , last year acquired TTB for 220 million Ghana cedis and merged it with ECOBANK Ghana.
The bank is projecting to be the biggest bank in Ghana in terms of profits and assets.
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.
Tags:
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.
Latest Stories
-
30 face prosecution as Kwadaso assembly intensifies sanitation crackdown
7 minutes -
Ghana Gas denies wrongdoing over insurance switch, insists process was lawful
18 minutes -
Minority mourns Berekum Chelsea player Dominic Frimpong after fatal robbery attack
21 minutes -
Gone too soon: Top facts about Berekum Chelsea forward Dominic Frimpong
28 minutes -
Oil, war and the limits of monetary policy
47 minutes -
GFA calls for justice after death of Berekum Chelsea forward Frimpong
53 minutes -
Finance Minister leads Ghana’s delegation to 2026 IMF/World Bank Spring Meetings
53 minutes -
Today’s front pages: Monday, April 13, 2026
55 minutes -
Eugene Zuta Ministries ties new album project ‘Songs of the Redeemed’ to education support for 50 children
56 minutes -
African banks could be affected in prolonged Iran war; central banks may tighten policy rate – Fitch
58 minutes -
Ghana to honour astronaut Christina Koch with University of Ghana ties after Artemis II mission
1 hour -
The Pulse of accountability: Navigating medical negligence in Ghana, as an emerging challenge in healthcare.
1 hour -
Borders by Design: How the world controls who moves and who stays
1 hour -
A LinkedIn message, a Dublin defender, and a nation’s first World Cup qualification
1 hour -
UNFPA Ghana recognised with Head of State award
2 hours