Ecobank Ghana PLC (Ecobank) was incorporated on January 9, 1989 as a private limited liability company under the Companies Code to engage in the business of commercial banking. Ecobank was initially licensed, to operate as a merchant bank, by the Bank of Ghana on November 10, 1989 and commenced business on February 19, 1990. In Ghana, Ecobank has grown consistently over the years to become one of the well- recognized corporate brands in the banking industry. Ecobank acquired a universal banking license in 2003 and was listed on the Ghana Stock Exchange (GSE) in July 2006. The Bank has embarked on a strategic shift from a predominantly Wholesale Bank to a Universal Bank with 64 branches, numerous point-of-sale terminals, several merchant QR codes in shops, with over 200 ATMs well sited around the country and over 3,000 Xpress Points (Agency Banking locations). The bank posted sterling financial performance at the close of 2017, with total asset size of GHS9.09 billion, shareholders’ funds of GHS1.036 billion, profit before tax of GHS358.383 million and profit after tax of GHS253.645 million. This resulted in a return on average equity (ROAE) of 25.4% and return on average assets (ROAA) of 3.0%.