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Ecobank says 2012 profit rose to highest ever of $348 mln

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Published: Wednesday, 27 Mar 2013 | 6:37 AM ET

LAGOS, March 27 (Reuters) - Pan-African lender Ecobank Transnational (ETI) said its full-year pretax profit rose 25 percent in 2012 to its highest ever level of $348 million, compared with $277 million the previous year, the bank said on Wednesday.

Gross earnings at the Togo-headquartered bank jumped 46 percent to $1.8 billion during the period, it said, adding that it will pay a dividend of $0.4 per share on June 20.

(Reporting by Chijioke Ohuocha; Editing by Tim Cocks)

((chijioke.ohuocha@thomsonreuters.com)(+234 703 4180 621)(Reuters Messaging: chijioke.ohuocha.thomsonreuters@reuters.net))

Keywords: ECOBANK RESULTS/

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LAGOS, March 27- Pan-African lender Ecobank Transnational said its full-year pretax profit rose 25 percent in 2012 to its highest ever level of $348 million, compared with $277 million the previous year, the bank said on Wednesday.

   
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