Ecobank Transnational Incorporated (Ecobank) is a regional banking group operating throughout West and Central Africa serving wholesale and retail customers. In 1999 and again in 2006, ECP invested in Ecobank to finance the expansion of the company’s activities and to recapitalize Ecobank’s Nigerian subsidiary to meet new regulation. Between the 1988 launch of Ecobank’s first subsidiary in Togo and the end of 2006, the company had grown to become the 15th largest banking group in Sub-Saharan Africa. In September 2006, Ecobank became the first bank in West Africa to list on three West African exchanges: the Bourse Régionale des Valeurs Mobilières (BRVM) based in Côte d’Ivoire, the Nigerian Stock Exchange (NSE), and the Ghana Stock Exchange. Today, Ecobank is also present in East and South Africa.