Energy Commercial Bank IPO undersubscribed, listing put on hold

December 12th, 2018|

The Energy Commercial Bank Limited (ECB) has been unable to sell enough shares to investors to enable it to recapitalise and also list on the Ghana Stock Exchange (GSE). The bank failed to raise a minimum of GH¢68 million, which was required to make the initial public offer (IPO) successful. In total, the bank was [...]

Energy Commercial Bank Limited Launches IPO to list on the Ghana Stock Exchange

October 19th, 2018|

Energy Commercial Bank Limited (“The Bank”) has announced that it will list on the Ghana Stock Exchange. The Bank will trade under the share code ECBL and is covered by African Financials under the Ghana Stock Exchange. Energy Commercial Bank Limited was converted into a public limited liability company on the 17th of July 2018. [...]

Energy Commercial Bank Limited (ECBL.gh)

October 17th, 2018|

Energy Commercial Bank Limited ("ECBL' or the "Bank") is a banking institution incorporated and domiciled in Ghana. ECBL was incorporated under the Banking Act, 2004, Act 673 on September 28, 2009 as a private limited liability company. The Bank began full-scale banking operations on February 22, 2011 after gaining a universal banking licence. The Bank [...]

Energy Commercial Bank launches IPO

October 2nd, 2018|

Energy Commercial Bank will today, Tuesday, 2 October 2018 launch its Initial Public Offer to raise GHS340 million in shares from the Ghanaian investing public Energy Commercial Bank will today, Tuesday, 2 October 2018 launch its Initial Public Offer to raise GHS340 million in shares from the Ghanaian investing public.The offer period, which is expected [...]