VENTURES AFRICA – Africa -focused banking group, Ecobank Transnational has open two more branches in Harare to further expansion in the Zimbabwean market. In 2011, Ecobank launched two offices in the capital and Bulawayo and has now added four more in Mutare, Kwekwe, Chitungwiza and Chiredzi. According to AllAfrica, Ecobank’s Togo headquarters, which in 2011 bought over its Zimbabwean unit from Premier Finance Group at $10 million , said it will open more branches in Gweru, Masvingo and Sounthern and other major parts of the country to further cover the region. The lender's managing director, Daniel Sackey said the additions aligned with its growth expansion strategy and shows a resolve to improve accessibility and reliability. The pan-African bank added that it will introduce a series of advanced banking solutions, including a pan-African Card and a "mobile wallet to further enhance convenience for customers.” Ecobank Zimbabwe announced a profit after tax of $1.2 million in the half-year to June 30 , up 2370 percent in the comparative period last year.
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