Ecobank signs agreement with Bank of China

Ecobank Rwanda will benefit from the co-operation agreement signed between its parent company, Ecobank Group, and the Bank of China. Patrick Masumbuko, Head of Brand and Communication at Ecobank Rwanda said that in the agreement, Ecobank will cater for the African interests of Bank of China clients, thus broadening Ecobank’s client base.

Wednesday, February 03, 2010
Ecobank Rwanda building in Kigali. (File photo)

Ecobank Rwanda will benefit from the co-operation agreement signed between its parent company, Ecobank Group, and the Bank of China.

Patrick Masumbuko, Head of Brand and Communication at Ecobank Rwanda said that in the agreement, Ecobank will cater for the African interests of Bank of China clients, thus broadening Ecobank’s client base.

"Currently the Chinese are extending their services in Africa,” Masumbuko said. "This agreement will make Chinese companies operating in Africa, bank with Ecobank which is a big opportunity to us.”

Following the signing of the agreement in Beijing on January 22, 2010, China desks, with Chinese staff will be set up at Ecobank branches to assist the Bank of China customers in Africa.

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