The Trust Bank will be integrated into ECOBANK’s domestic and corporate banking units after it fully merges with ECOBANK.
This is one of the strategies the bank is adopting to ensure the merged entity deliver prudent results.
ECOBANK Ghana currently has about four units under its operations: domestic, corporate, capital and a microfinance subsidiary.
There were however speculations that TTB will be added as a separate unit after the merger.
But Managing Director of ECOBANK Samuel Ashitey-Adjei says that will not be the situation.
He said ECOBANK will also maintain all TTB branches currently in operations, putting the total branch network of the two banks at 73
ECOBANK is projecting to be the biggest bank in the country in terms of assets and profits after it completes the merger.
Meanwhile, the branding of TTB as ECOBANK is now expected to be completed by June instead of the initial plan of July this year.
Already, systems of the two banks have been integrated. Staff of TTB has also been absorbed into ECOBANK Ghana.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
‘Expired’ rice scandal: FDA is complicit; top officials must be fired – Ablakwa
8 seconds -
#TheManifestoDebate: We’ll provide potable water, expand water distribution network – NDC
18 mins -
IPR Ghana@50: Pupils educated to keep the environment clean
24 mins -
PenTrust CEO named ‘Best Pensions CEO’, company wins ‘Scheme Administrator Award’ at Ghana Accountancy & Finance Awards 2024
44 mins -
Alan Kyerematen’s ‘Brighter Future for Health Professionals’ in Ghana Revealed in Bono
54 mins -
#TheManifestoDebate: NPP will ensure a safer, cleaner and greener environment – Dr Kokofu
1 hour -
2024 Election: Police to deal with individuals who will cause trouble – IGP
1 hour -
Seychelles President’s visit rekindles historical and diplomatic ties with Ghana
1 hour -
Election 2024: EC destroys defective ballot papers for Ahafo and Volta regions
1 hour -
2024 Election: I am sad EC disqualified me, but I endorse CPP’s candidate – PNP’s Nabla
2 hours -
I want to build a modern, inclusive country anchored by systems and data – Bawumia to CSOs
2 hours -
Miss Health Ghana 2024: Kujori Esther Cachana crowned new Health Ambassador
2 hours -
Playback: The manifesto debate on WASH and climate change
2 hours -
Alan Kyerematen saddened by NDC and NPP’s neglect of Krofrom Market in the Ashanti Region
2 hours -
CSIR Executive Director urges farmers to adopt technology for improved farming
2 hours