For the second year in a row, the Ecobank Transnational Incorporated, a banking group, has secured the title of Africa’s Best Bank for Small and Medium-Sized Enterprises (SMEs) according to the prestigious Euromoney Awards for Excellence.

The bank’s achievement follows its previous win in 2022.

Jeremy Awori, the CEO of Ecobank Group, expressed the institution’s resolute dedication to supporting African SMEs and highlighted the continuous implementation of innovative financial and non-financial measures to boost their growth and prosperity.

Acknowledging SMEs as pivotal drivers of Africa’s economic progress, Awori emphasized the bank’s goal to become the preferred choice for these businesses.

Over the past year, Ecobank introduced various initiatives tailored to SMEs’ needs, such as the Ecobank Single Market Trade Hub and RapidCollect, among others, underscoring their commitment to fostering economic advancement across the continent.