By Ayomide Otitoju
Ecobank Nigeria, a subsidiary of the Ecobank Group, has been awarded the prestigious Client Excellence Award by Deutsche Bank AG for its exceptional performance in institutional cash management over the past year.
At the award ceremony held in Lagos, Andreas Voss, Deutsche Bank AG’s Chief Country Representative, Corporate Bank, praised Ecobank Nigeria for its outstanding achievements in payment efficiency and cash management. Voss emphasized that this award reflects Ecobank’s consistent commitment to operational excellence, open communication, and proactive strategies that have driven mutual success for both institutions.
“Ecobank’s dedication to excellence and collaborative spirit have made them an invaluable partner. It was an absolute pleasure working with Ecobank,” said Voss. “Their achievement of a Straight Through Processing (STP) rate above 99 percent for foreign currency payments and international settlement services highlights Ecobank’s high standards in SWIFT payments, ensuring rapid credit to beneficiary accounts.”
Segun Anjorin, Acting Head of Corporate Banking at Ecobank Nigeria, expressed gratitude to Deutsche Bank, describing them as a valuable partner. Anjorin noted that the Client Excellence Award underscores the robust partnership between the two banks and reiterated Ecobank’s commitment to delivering exceptional quality in payment efficiency and cash management. He further highlighted that STP implementation enhances operational efficiency while ensuring adherence to global payment standards.
The award celebrates Ecobank Nigeria’s achievements in maintaining high standards of service in institutional cash management, reinforcing its position as a leader in the Nigerian banking sector.
