Zenith Bank

Zenith Bank Plc
Company typePublic limited company
NGX: ZENITHBANK LSE: ZENB[1]
IndustryFinance
Founded1990; 34 years ago (1990)
FounderJim Ovia
Headquarters
Zenith Heights, Plot 83, Ajose Adeogun street, Victoria Island, Lagos
,
Nigeria
Area served
Ghana, Nigeria, Sierra Leone, South Africa, UK, UAE
Key people
Adaora Umeoji (CEO)[2]
ServicesBanking
Revenue$854m (2019)
Total assetsIncrease$21,667bn (2021)[3]
ParentZenith Bank Edit this on Wikidata
Websitewww.zenithbank.com

Zenith Bank Plc is a major financial services provider in Nigeria and Anglophone West Africa, headquartered in Victoria Island, Lagos. It is licensed as a commercial bank by the Central Bank of Nigeria, the national banking regulator.[4]

As of 1 April 2024, it holds more than $16.5bn in total assets, with shareholders' equity of $854 million.[5] The company is listed on the Nigeria Stock Exchange and the London Stock Exchange.[1] Irrespective of the current economic inflation in Nigeria, the bank had ₦727.03 billion payment before tax (PBT) in H1 2024.[6] It won the "Bank of the year award" and the "Retail Bank of the year" at the BAFI awards in October 2024.[7]

  1. ^ a b LSEG - Welcome Stories (21 March 2013). "London Stock Exchange Is Delighted To Welcome Zenith Bank To The Main Market". London: London Stock Exchange Group (LSEG). Retrieved 27 September 2016.
  2. ^ Egobiambu, Emmanuel (March 19, 2024). "Zenith Bank Appoints Adaora Umeoji As First Female GMD/CEO". Channels TV.
  3. ^ Zenith Bank Plc (11 March 2017). "Zenith Bank PLC Annual Report - 31 December 2016" (PDF). Lagos: Zenith Bank Plc. Retrieved 11 March 2017.
  4. ^ CBN (27 September 2016). "List of Financial Institutions: Licensed Commercial Banks". Abuja: Central Bank of Nigeria (CBN). Retrieved 27 September 2016.
  5. ^ Abimbola, Oluwakemi (2024-05-05). "Zenith Bank grows assets by N3.9tn in three months". Punch Newspapers. Retrieved 2024-07-06.
  6. ^ "Despite Headwinds, GTCO, Zenith, Ecobank, Nine Other Listed Banks Generate N3.81tn Profit in H1 2024 – THISDAYLIVE". www.thisdaylive.com. Retrieved 2024-10-14.
  7. ^ "Zenith Bank Wins 'Bank of The Year' and 'Retail Bank of the Year' at BAFI Awards 2024". Zenith Bank Plc. Retrieved 2024-11-11.