For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the 2024 Top 1000 World Banks’ Rankings, published by The Banker Magazine. This ranking places Zenith Bank Plc as the 565th Bank globally with a Tier-1 Capital of $2.01 billion. The rankings, published in the July 2024 edition of The Banker Magazine of the Financial Times Group, United Kingdom, recognise Zenith Bank’s continued financial strength and stability. They are based on the 2023 year-end Tier-1 capital of…
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Zenith Bank wins ‘Nigeria’s Most Sustainable Bank’ at Int’l Bankers Award for second consecutive year
ZENITH BANK RECOGNISED AS THE MOST SUSTAINABLE BANK IN NIGERIA FOR THE SECOND TIME IN THE INTERNATIONAL BANKER AWARDS 2024 Zenith Bank Plc has been named the “Most Sustainable Bank, Nigeria” in the International Banker 2024 Banking Awards, retaining the title for the second consecutive year. Commenting on the award, the Group Managing Director/Chief Executive Officer of Zenith Bank, Dame (Dr.) AdaoraUmeoji, OON, said: “We are deeply honoured to be recognised as the Most Sustainable Bank in Nigeria for the second time in a row. This prestigious award underscores our…
Read MoreZenith Bank brightens Ajose Adeogun Roundabout with ultra modern digital display
Zenith Bank Plc, on Thursday, 30th May 2024, launched a state-of-the-art digital/LED screen at Ajose Adeogun Roundabout, solidifying its commitment to innovation and community engagement. The monumental digital installation, an upgrade from its previous LED screen launched in 2013 at the same location, features a resolution of 3936×960 pixels compared to the previous 1024×256 pixels. Measuring 6.4×6.4 metres, it represents a significant investment in enhancing the urban landscape while providing a dynamic platform for advertising, information dissemination, and public engagement. Positioned strategically at one of Lagos’ busiest intersections, the screen…
Read MoreZenith Bank’s profit shoots up by 180% to N796bn in 2023 financial year
Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth of 125% in gross earnings from NGN945.6 billion reported in 2022 to NGN2.132 trillion in 2023. According to the audited financial results for the 2023 financial year presented to the Nigerian Exchange (NGX), this impressive triple-digit growth in gross earnings resulted in a Year-on-Year (YoY) increase of 180% in Profit Before Tax (PBT) from NGN284.7 billion in 2022 to NGN796 billion in 2023. Profit After Tax (PAT) also recorded triple-digit…
Read MoreZenith Bank resurrects Prof. Ibidapo Obe, names iconic Unilag building after late VC
The memory of Professor Oyewusi Ibidapo-Obe, a former Vice Chancellor of the University of Lagos, came alive as Zenith Bank Plc named the iconic building housing its Unilag Branch and the University of Lagos (Unilag) Alumni in his honour on Friday, November 25, 2022. In his opening remarks at the commissioning ceremony, the Group Managing Director/CEO of Zenith Bank Plc and Chairman of the Body of Banks’ CEOs in Nigeria, Mr Ebenezer Onyeagwu, lauded the Founder and Chairman of the bank, Jim Ovia, CFR, for being physically present at the…
Read MoreZenith Bank brings Christmas to life, lights up Ajose Adeogun
It was a great spectacle to behold as the Christmas and Yuletide season came to life at the 2022 Zenith Bank Christmas Light-Up Ceremony, which was held at the Ajose Adeogun Street Roundabout, Victoria Island, Lagos, on Saturday, November 19, 2022. The official lighting ceremony, which was performed by the Group Managing Director/CEO of Zenith Bank Plc, Mr. Ebenezer Onyeagwu, supported by Executive Management, was witnessed by many of the bank’s staff and customers, with others joining virtually. With the theme “Let There Be Light”, this year marks the 16th…
Read MoreTier-1 Capital rates Zenith Bank Nigeria’s number for 13th time
Zenith Bank Plc has been ranked as the Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000 World Banks Ranking published by The Banker Magazine. For the thirteenth consecutive year, the Bank retained its position as the number one Tier-1 bank in Nigeria with a Tier-1 Capital of $2.75 billion, emerging as the 460th Bank globally. The ranking, which was published in the July 2022 edition of The Banker Magazine of the Financial Times Group, United Kingdom, was based on the 2021 year-end Tier-1 capital of…
Read MoreQ1 2020: Zenith Bank makes impressive outing, earns N166.8bn
Zenith Bank Plc has announced its unaudited results for the first quarter ended March 31 2020, with gross earnings rising by 6% from N158.1 billion in March 2019 to N166.8 billion. From the unaudited statement of account which was presented to the Nigerian Stock Exchange (NSE) on Wednesday, April 29, 2020, this top-line growth was driven by the 43% expansion in non-interest income from N32.7 billion in the prior-year period to N46.6 billion in March 2020. The Bank’s profit before tax also rose 3% from N57.3 billion in the prior-year period to N58.8 billion…
Read MoreZenith Bank commends Super Eagles, pledges to boost team
Group Managing Director of Zenith Bank, Ebenezer Onyeagwu, commended the fighting spirit of the Eagles adding that they have displayed the quality of champions. Onyeagwu’s Zenith Bank is one of the major sponsors of the Nigeria Football Federation (NFF) and the national football teams. The Zenith Bank boss noted that to have sent the defending champions out of the competition was a good indication of the team’s readiness to win the AFCON. He said: “The Super Eagles have been amazing so far and we appreciate their efforts at the AFCON…
Read MoreZenith Bank launches ‘Timeless’ the free account
Leading financial institution, Zenith Bank Plc. has introduced a new account called; ‘Timeless’ which allows Nigerians aged 55 years and above to bank with the financial institution for free. Timeless account holders pay no account maintenance, debit card, cheque book, or SMS notification fees. They would also enjoy priority treatment at Zenith Bank branches and have access to unique travel and holiday offers. Zenith Bank, one of the most innovative financial institutions in Nigeria, was voted the most customer-focused bank in Nigeria for the Retail and SME segments in the…
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