In commemoration of Ecobank Day, the bank donated K5 million to Queen Elizabeth Central Hospital’s oncology department, as commitment to continue with its various corporate social responsibility programs in the country and advocating health living among Malawians.

Ecobank Malawi Managing Director, Charles Asiedu, attributed the donation to the fight against non-communicable diseases in the country. On the other hand, as part of the commemoration, Ecobank members of staff and some customers walked from College of Medicine (CoM) Sports Complex in Blantyre to Chichiri Shopping Mall and back.

Ecobank recorded an after tax profit of 5 billion in 2018, which is a 30% profit increase compared to 2017. In its analysis report, the bank has attributed the profit growth to robust performance, despite the tough economy in 2018. The bank’s total assets grew by 52%, as customer deposits grew to K126 million. The bank also noted a growth in medium-term borrowed funds and its log book, registering K47 billion (180% increase) and K38 billion (15% increase).

The bank looks forward to a bright future and will ensure that happens by enforcing an improved customer experience. The report also shows that the bank is pushing for a technological advancement. Reads the report “..we will focus on developing our digital platform whilst making our branches more effective”