Ecobank Transnational Incorporated (ETI) has commenced a new capital raise of up to $250 million in Additional Tier 1 (AT1) qualifying instruments through a private placement following shareholder approval secured at an Extraordinary General Meeting held on May 28, 2025, in Lomé, Togo.
The pan-African banking group confirmed on Wednesday that the capital raise officially launched on July 9, 2025, and will remain open for a ten-day subscription window.
Renaissance Capital Africa has been appointed as transaction adviser for the offer.
The issuance will be structured as contingent convertible notes, aligning with regulatory requirements for AT1 capital. Proceeds from the private placement are expected to strengthen Ecobank’s capital adequacy ratios, reinforce financial resilience, and support the Group’s long-term growth ambitions across its extensive footprint in Africa.
In a statement released alongside the launch, ETI described the capital raise as a strategic initiative that demonstrates the bank’s commitment to prudent balance sheet management and its intention to maintain robust buffers in line with evolving regulatory capital standards.
Ecobank, which operates in 35 African markets, continues to pursue organic and inorganic opportunities to deepen its banking franchise and expand service offerings across retail, commercial, and corporate banking segments.
The lender’s capital enhancement plan comes at a time when banking groups operating across multiple jurisdictions are under increasing regulatory pressure to maintain healthy capital positions to absorb potential shocks and support lending growth.
Interested institutional investors are advised to consult full placement details available through Ecobank’s dedicated investor relations channel.
The Group confirmed that the transaction does not constitute a public offer or general solicitation to retail investors.
Ecobank Transnational Incorporated remains listed on multiple West African stock exchanges, including the Nigerian Exchange Limited (NGX) and the BRVM in Abidjan.
Madibinet Cisse, Company Secretary, signed the disclosure on behalf of ETI’s Board and management.
