Ecobank Exits Mozambique, Signs Over Institution To FDH Bank Plc
Ecobank Transnational Incorporated (ETI) says it has completed the divestment of its Mozambique subsidiary, Ecobank Mozambique S.A., to FDH Bank Plc. The bank announced the transaction in a statement filed with the Nigerian Exchange Limited (NGX) on Friday. According to ETI, the transaction has now received all required regulatory approvals. With the completion, Ecobank has fully exited…