Ecobank Transnational Incorporated (ETI) will be holding a requisitioned board meeting today in Lome, Togo – its headquarters; to address a number of issues.

Some of these issues include the SEC decision of January 07, 2014, the developments arising therefrom, the SEC letter of January 09, 2014 and the status of the executive management of the bank on the back of the submission of the reports of KPMG (commissioned by the SEC) and Ernst & Young (commissioned by the ETI board in 2013) – both of which has been submitted to the directors of the Pan-African institution.

Sources within the entity believe that the outcome of this meeting will help to foster the much needed stability the stakeholders yearn for.

Source: Proshare