23.05.2017

Ecobank signs framework agreement with OiLibya for distribution of digital financial services

News & Events

Ecobank signs framework agreement with OiLibya for distribution of digital financial services

Lomé,17th May,2017 - Ecobank Transnational Incorporated the parent company of Ecobank, the Pan-African banking group has signed an agreement with OiLibya, the Pan-African oil and gas downstream company, for the distribution of digital financial services. The contract empowers OiLibya teams to distribute a variety of digital financial services across the continent in partnership with Ecobank in accordance with local regulations.
Ecobank leverages the power of digital to deliver convenience to its customers. Ecobank Mobile App, Ecobank Masterpass Merchant QR, Ecobank XpressAccount, Internet banking, Pan African Card, Automated teller Machines, Points of Sale are just some of the digital services that Ecobank has created to make banking easier, more accessible and cost-effective than ever before.
Libya Oil Holdings Ltd CEO Mr. Ibrahim Bugaighis said: “We are pleased to partner with Ecobank to bring financial services to customers more conveniently through our network of service stations, and thus help improve their accessibility. OiLibya is a leading distributor of petroleum and convenience products on the African continent. This partnership with Ecobank is in line with our vision of contributing to the economic and social development of Africa.”
Ecobank and OiLibya have large and growing pan-African footprints. Ecobank has a presence in 33 African countries with over 1200 branches and OiLibya operates in 18 countries with a network of more than 1000 service-stations.Lomé, 17th May, 2017 - Ecobank Transnational Incorporated the parent company of Ecobank, the Pan-African banking group has signed an agreement with OiLibya, the Pan-African oil and gas downstream company, for the distribution of digital financial services. The contract empowers OiLibya teams to distribute a variety of digital financial services across the continent in partnership with Ecobank in accordance with local regulations.
Ecobank leverages the power of digital to deliver convenience to its customers. Ecobank Mobile App, Ecobank Masterpass Merchant QR, Ecobank XpressAccount, Internet banking, Pan African Card, Automated teller Machines, Points of Sale are just some of the digital services that Ecobank has created to make banking easier, more accessible and cost-effective than ever before.
Libya Oil Holdings Ltd CEO Mr. Ibrahim Bugaighis said: “We are pleased to partner with Ecobank to bring financial services to customers more conveniently through our network of service stations, and thus help improve their accessibility. OiLibya is a leading distributor of petroleum and convenience products on the African continent. This partnership with Ecobank is in line with our vision of contributing to the economic and social development of Africa.”
Ecobank and OiLibya have large and growing pan-African footprints. Ecobank has a presence in 33 African countries with over 1200 branches and OiLibya operates in 18 countries with a network of more than 1000 service-stations.