Ecobank Q3 2025 Net Profit Jumps 34%, Fueled by Robust Deposits

Banking

Thursday, 30 October 2025 18:17

Ecobank Q3 2025 Net Profit Jumps 34%, Fueled by Robust Deposits

(Togo First) - Ecobank Transnational Incorporated (ETI), the pan-African banking group headquartered in Lomé, reported strong results for the third quarter of 2025, driven by revenue growth across all business segments.

The bank's net profit for the nine months ended September reached $460.6 million, marking a 34% increase year-on-year. Pre-tax profit rose by 33% to $656.6 million.

Net banking income, or revenue, hit $1.75 billion, an 18% jump from the $1.48 billion recorded during the same period in 2024. Management attributed the strong performance to the success of its "growth, transformation, and returns-focused strategy."

The Corporate and Investment Bank (CIB) division saw revenue climb 18%, buoyed by what the bank described as improved origination discipline and account management. The Retail and SME Bank division grew by 13%, supported by an expanding customer base and higher deposits.

Total customer deposits increased 23% to $24.1 billion, while loans rose 17% to $11.3 billion. Consequently, the bank's total assets expanded by 22% year-on-year to $32.4 billion, with shareholders' equity surging 54% to $2.49 billion.

However, the bank's profitability momentum was tempered by a significant 38% rise in the cost of risk, which reached $254.7 million. This increase signals greater exposure to credit risk amid stressed credit markets across Africa.

The financial report did not provide a detailed breakdown of regional performance, notably in the key markets of Nigeria and Ghana, which are frequently affected by currency volatility.

Despite the lack of regional detail and the higher cost of risk, the Ecobank Group, which operates in 35 African markets, said its financial strength remains robust, underpinned by revenue diversification and ongoing modernization of its digital services.

R.E.D

REFORMS OVERVIEW

STARTING A BUSINESS (more info)

At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts • Creation of chambers of commerce at the Court of Appeal • Civil and commercial cases now handled by distinct clerks • Establishment of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

CONSTRUCTION PERMIT (more info)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

REGISTERING A PROPERTY (more info)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

PAYING TAXES AND DUTIES (more info)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.