Arise B.V invests US$75m in Ecobank Transnational to meet its general corporate obligations

TOGO – Ecobank Transnational Incorporated (ETI), the Togo based parent company of the Ecobank Group, has announced a US$75 million Additional Tier 1 (AT1) investment by Arise B.V, a leading equity investor in Africa. This Basel III compliant instrument is the first AT1 instrument issued by ETI and a landmark transaction in the sub-Saharan Africa region. The investment will optimise and improve ETI’s Tier 1 capital by US$75 million. Basel III is an international regulatory accord rolled out by the Basel Committee, which introduced a set of reforms intended to…

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