HomeBusiness & FinanceEcobank Assures Customers and Stakeholders of Strong Financial Position Despite the Supreme...

Ecobank Assures Customers and Stakeholders of Strong Financial Position Despite the Supreme Court Ruling

Ecobank Assures Customers and Stakeholders of Strong Financial Position Despite the Supreme Court Ruling

Ecobank Ghana PLC has officially released a statement following the recent court ruling concerning claims against the Bank after lossing a long-term battle against businessman Daniel Ofori for long-term battle.

The Ecobank PLC through its statement released on Saturday May, 16, 2026 has assured all its customers and the public that it remains financially strong and stable, with all banking services continuing seamlessly without interruption.

“As a responsible financial institution, Ecobank Ghana PLC respects the judicial process and will continue to uphold the rule of law,” the bank said.

Ecobank Ghana

This follows after the apex court of the land, the Supreme Court ruled in favour of a businessman, Daniel Ofori to be entitled to thirty percent (30%) monthly compound interest which amounts to GHS 6.16million from June 2, 2008 – 25th July, 2018.

The bank was ordered by the Supreme Court to make a post-pay of 13.5 percent per annum of the additional cost of GHS500,000 to Daniel Ofori.

The case which lasted for close to nine years in the court from 2018 till the ruling went through several court proceedings, reviews before the case was ruled in favor of Daniel Ofori.

The Ecobank through this communique has assured its customers and stakeholders that despite the court ruling the bank remains operational without disruption.

Read the statement below;

Statement by Ecobank PLC

Also read: High Court Cancels $33.3 million lawsuit against Justmoh Construction

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