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Ecobank, a leading Pan-African Banking Group, has been named ‘Best Trade Finance Bank in West Africa’ at the prestigious Global Trade Review’s Leaders in Trade awards.

The award comes as recognition of Ecobank’s solutions for domestic and regional supply chain financing across key trade corridors as well as the bank’s arranger roles and participation in key soft commodities campaign financing across West Africa, notably covering cotton, cacao, soya beans and cashew nuts.

Ecobank’s offerings are supplemented by its E-trade module under the Omni Plus platform. According to the bank, its products are positioned to support both its corporate and investment banking and SME customers in leveraging on the African Continental Free Trade Area’s opportunities and growing intra-African trade. The judges also recognized Ecobank’s Trade Services solutions, which led the bank to commend significant market share on Letters of Credit across the continent, leveraging on its Paris-based affiliate, Ecobank International, for confirmations, payments, and discounts.