Ecobank Tchad is a universal commercial bank based in N’Djaména. The bank offers three main lines of banking service: Retail Banking, Corporate Banking and Islamic Banking. Ecobank Tchad is the leader in the local banking market, thanks to its wide range of services dedicated to individuals and businesses. Ecobank entered the Chadian market in 2006, through the acquisition of a majority stake (60%) in Banque International pour l’Afrique au Tchad (“BIAT”).
In 2010, AFIG Funds entered into an agreement with the pan-African banking group Ecobank Transnational Incorporated (“ETI”) for a USD 14 million investment in three ETI subsidiaries located in Chad, Rwanda and Liberia.