Ecobank Malawi Managing Director Raymond Fordwuo (2nd left) at the awards gala in London
* Recognises excellence and innovation in transaction banking, including cash management, payments and trade finance
* The recognition reflects Ecobank Malawi’s continued investment in digital banking capabilities, customer-focused solutions
* And its commitment to supporting businesses and institutions with efficient financial management services
By Duncan Mlanjira
Ecobank Malawi Limited has been named Best Cash Management Bank in Malawi at the Euromoney Transaction Banking Awards 2026 — recognising excellence and innovation in transaction banking, including cash management, payments and trade finance.
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Euromoney is the leading international financial publication, whose prestigious awards recognise excellence and innovation in transaction banking, including cash management, payments and trade finance.
Ecobank Malawi was recognised for its continued investment in digital banking capabilities, customer-focused solutions and its commitment to supporting businesses and institutions with efficient financial management services.
Held on November 4 at The Savoy Hotel in London, United Kingdom, the award was presented to Ecobank’s Managing Director, Dr Raymond Fordwuo, who said: “We are immensely proud to receive this prestigious recognition.
“It reflects the dedication of our people, the trust of our customers and our commitment to delivering innovative banking solutions that make a meaningful difference to businesses and institutions in Malawi.
“We believe banking should do more than facilitate transactions — it should empower businesses to operate efficiently, manage their finances with confidence and realise their ambitions.”
Fordwuo thus emphasises that the award has motivated Ecobank Malawi “to continue raising the bar in service delivery, innovation and customer experience”.
Through its cash management offering, Ecobank Malawi provides corporates, financial institutions, public sector entities and commercial businesses with integrated solutions covering payments, collections, liquidity management, merchant acquiring, digital corporate banking and cross-border transactions.
The Bank maintains that its strategy focuses on helping organisations optimise liquidity, improve treasury visibility, digitise payment and collection processes, and strengthen financial controls.
Its solutions are designed to streamline operations, improve reconciliation, enhance cash-flow visibility and support more effective working capital management.
“Digital innovation remains central to this proposition,” says the bank in a statement. “Through platforms such as OmniPlus and OmniLite, customers can initiate and approve payments, monitor accounts, access reports and manage their treasury operations more efficiently.
“Additional solutions, including RapidCollect, API connectivity and Host-to-Host integrations, enable businesses to automate financial processes, reduce manual intervention and improve operational efficiency.
“The Bank continues to deliver tailored cash management solutions across the public sector, financial services, agriculture, healthcare, development organisations and infrastructure sectors.
“These solutions include integrated payment processing, mobile wallet disbursements, collectionservices, automated reconciliations and cash disbursement services in rural and urban areas.”
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Through these initiatives, Ecobank Malawi stresses that they help organisations streamline financial operations, improve payment efficiency, strengthen reconciliation processes and extend access to reliable financial services.
“This demonstrates the Bank’s ability to develop practical, sector-specific solutions that respond to the evolving needs of businesses and institutions.
“As part of Ecobank Transnational Incorporated (ETI), Ecobank Malawi combines its understanding of the local market with access to the Group’s extensive Pan-African network.
“This enables customers to benefit from local relationship management and implementation support while accessing regional payment capabilities and cross-border banking solutions.
“The recognition further highlights the strength of the Ecobank Group, with Ecobank Zimbabwe, Ecobank Uganda and Ecobank Togo also receiving awards, alongside the Group Transaction Banking Team, which earned its own recognition.
“Ecobank Malawi extends its appreciation to its customers, employees and partners whose continued trust, collaboration and commitment have contributed to this achievement.
“The Bank remains focused on making banking simpler, more responsive and more valuable, while supporting businesses and institutions to grow and thrive.”
Ecobank Malawi is a subsidiary of ETI, the parent company of Ecobank Group, headquartered in Lomé, Togo. It commenced operations in Malawi in 2008 and serves customers through its consumer & commercial banking, and corporate & investment banking divisions.
The bank provides a comprehensive range of financial solutions designed to promote financial inclusion, support economic growth and contribute to sustainable development in Malawi.
Its distribution network comprises more than eight branches, 26 ATMs and 194 Xpress Point agencies.
Headquartered in Lomé, Ecobank Group is a leading independent pan-African banking group, with a presence in 34 African countries and representative offices and international operations across key global markets, including France, the United Kingdom, the United Arab Emirates and China.
The Group provides a unique Pan-African platform connecting individuals, businesses and institutions to opportunities across the continent and beyond.
Its integrated banking services span consumer, commercial, corporate and investment banking — with particular strengths in payments, cash management, trade finance and cross-border banking.
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