Ecobank and Western Union enhance partnership

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, and Western Union, on July 19th, 2007 signed a global agreement to extend Western Union’s current relationship with its affiliates. It was signed in Accra, Republic of Ghana by Christophe Jocktane-Lawson, Regional Head, International of ETI and Khalid Fellahi, Regional Vice President Africa of Western Union. Under the agreement, Western Union Money Transfer will be available through ECOBANK affiliates in 17 West and Central African countries instead of 14 previously.

“This agreement strengthens ETI’s strategy of building alliances with partners such as Western Union”, said Jocktane-Lawson. “Bringing Western Union services to more of our current and potential consumers adds value to our bank’s comprehensive offerings by enabling reliable, fast and convenient money transfers through Western Union’s more than 275,000 Agent locations worldwide”.

The ECOBANK Group Chief Executive Officer, Arnold Ekpe, affirms that the relationship with Western Union corresponds to the banking institution’s objective of “providing a comprehensive product and service offering to