Zenith Bank Plc Retains Top Ranking
Zenith Bank Plc has secured its position as the leading bank in Nigeria based on tier-1 capital in the prestigious 2023 Top 1000 World Banks’ Rankings by The Banker Magazine. This marks the fourteenth consecutive year that the bank has maintained its top-tier status in Nigeria, achieving an impressive global ranking of 467th with a tier-1 capital of $2.54 billion.
Strong Financial Performance
Despite the challenging macroeconomic environment and headwinds, Zenith Bank demonstrated resilience and recorded significant growth in its financial performance. The bank achieved a remarkable 24 percent increase in gross earnings, bolstering its market share in both the retail and corporate segments. This outstanding performance further solidifies Zenith Bank’s position as a leading financial institution in Nigeria.
Accolades and Awards
Zenith Bank’s exceptional track record continues to be recognized through various accolades and awards. The bank has been honored as the Bank of the Year (Nigeria) in The Banker’s Bank of the Year Awards for 2020 and 2022. It has also received prestigious recognitions such as Best Bank in Nigeria, Best Commercial Bank in Nigeria, and Best in Corporate Governance. These accolades highlight the bank’s commitment to delivering exceptional services and creating value for its customers.
Zenith Bank’s loan approval of $115 million for the Abia State infrastructure project further exemplifies its dedication to supporting economic growth and development in Nigeria. With its unwavering commitment to excellence and continuous innovation, Zenith Bank remains at the forefront of Nigeria’s banking sector, driving positive change and contributing to the nation’s progress.