Ecobank Nigeria, part of the Ecobank Group, has received the prestigious Client Excellence Award from Deutsche Bank AG for its exceptional performance in institutional cash management during the past year. The award was presented at a ceremony held in Lagos.
Andreas Voss, Chief Country Representative of Deutsche Bank AG, Corporate Bank, lauded Ecobank’s achievements in payment efficiency and cash management. Voss highlighted Ecobank’s exceptional Straight Through Processing (STP) transaction rate, which exceeded 99% for foreign currency payments and international settlement services. He commended the bank for adhering to high SWIFT payment standards, which facilitate rapid account credits for beneficiaries.
Segun Anjorin, Acting Head of Corporate Banking at Ecobank Nigeria, expressed gratitude for the recognition, acknowledging the strong partnership between Ecobank and Deutsche Bank. He emphasized Ecobank’s dedication to maintaining excellence in payment efficiency and cash management, leveraging STP to improve operational efficiency and meet global payment compliance standards.
Ecobank Nigeria is a key affiliate of the Ecobank Group, a pan-African financial institution that provides consumer, commercial, corporate, and investment banking services. With over 250 branches and 60,000 Xpress Point agencies, Ecobank continues to offer innovative financial solutions across Africa.
