Wednesday, 19 September 2012

Ecobank Gambia Reaches Out to NGO Community

Ecobank Gambia, one of the leading commercial banks operating in the country, Friday organized a day’s forum for movers and shakers in the Non-governmental organization community, designed among other things to forge partnership.

Organised in collaboration with The Association of Non-Governmental Organisation (TANGO), the forum that was the first of its kind, was described as a laudable move; one that marked a turning point of collaboration between the Bank and the NGO community in the country. Ecobank, known as the Pan-African bank seeks to comply with international best practices in key areas such as anti-money laundering and cooperate governance. It further seeks social responsibility and sustainability of “our business” to contribute to poverty alleviation.

Addressing a well-attended forum, the Bank’s Gambia Managing Director, Mrs Mareme Mbaye Ndiaye, underscored that the day marked an important milestone in the annals of the Bank’s existence in The Gambia in that this is the first time that they organized such an important forum.  “Ecobank Gambia recognised the contribution of the NGOs and development partners in the structure economic development of the Gambia,” Ndiaye told the forum, while indicating that the initiative is also in line with their mission and vision to contribute to economic and financial integration and development of African continent. “Ecobank Gambia considers itself as the Bank of the NGOs and international organisation in The Gambia,” she added.

Madam Ndiaye used the opportunity to detail out the gigantic strides of the Bank, disclosing that Ecobank is serving “eight million customers on the African continent.” “The network is composed of more than 1, 000 branches, 1, 400 ATMs and over 2, 000 POs machines. As a Pan-African Bank, you can follow your activities within 33 countries using three official languages and using more than 21 currencies. Indeed, Ecobank is in all countries in Africa than any other Bank in the world. We have a fully subsidiaries in France, and representatives in Dubai and London to be able to serve our customers,” she told the forum.

Managing Director Ndiaye told the convergence that Ecobank group seeks to provide its customers with convenient, reliable product and services locally in the Gambia, regionally and internationally. “We also operate as one Bank with common banking standards, policy and processes to provide a consistence and reliable customer experience for the entire network. We are cognizant of the fact that as a bank, it is important for us to collaborate with you to achieve our intuitional policy,” she concluded.

Speaking on behalf of the chairman of TANGO board of directors, the vice chairperson, Jainaba Nyang Njie, said TANGO was founded in 1983 with the objective for better coordination, as well as to serve as the voice of the NGOs in The Gambia. “TANGO seeks to influence public policy to build the capacity of its members, government institutions and its agents, as well as the communities in order to enhance national development,” she underscored.

“TANGO being an Association of national, and international NGOs, and community base organization,” according to Nyang-Njie, “need funding to support to our various activities, and we have been calling on the private sector to support TANGO.” “We sincerely and thoroughly appreciate the Forum organised by Ecobank, all aimed at building and strengthening partnership which is a very key important element in the development,” she stated.  She expressed their appreciation to Ecobank for donating GMD25,000 to TANGO, saying the gesture went a long way in supporting the Association’s activities.

TANGO’s Madi Joberteh, who also spoke at the forum, disclosed that in October, they will stage a consultative forum with the private sector to talk about dynamics, requirement and modalities on how to bring about stronger partnership between the private sector and the civil society. “NGOs are giving lot of money to the private sector and TANGO on quarterly basis, gives US$250,000 to Ecobank. All the NGOs have accounts with various banks in the country. We cannot be giving business to our private sector while they are not investing into the community,” he stated. Joberteh decried that when they were to organise the NGO Week, they had written to all the banks, but noted that only Ecobank had responded with a donation of GMD25,000.

Elias Bah of the Ecobank delivered the vote of thanks.

About Ecobank
The Pan African Bank is operating in 33 countries in Africa, as well as operating in three continents. Ecobank employs 11 million people, and has 750 branches. The Bank was listed No. 3 stock exchanges. In 2010, Ecobank was awarded Bank of the Year in 11 countries, and it is dealing in 21 currencies and banking with 300 international organisations.

Source: Daily Observer

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