2024 BSM Index
TOP 50 BRANDS NIGERIA® 2024
#6 | Zenith Bank Plc. |
---|---|
BSM Index | 72.1 |
YoY | – |
CEO | Adaora Umeoji |
Year Founded (in Nigeria) | 1990 |
Website | www.zenithbank.com |
Head Office | Plot 84, Ajose Adeogun Street, V.I |
Nationality | NG |
Customer Base | 33 million |
Number of Branches | Over 393 |
Total Asset | N24 Trillion |
Employees | Over 10,000 |
Marketing Budget | – |
3
Zenith Bank Plc: Elevating Financial Excellence in Nigeria and Beyond
Zenith Bank Plc stands as a leading financial service provider in Nigeria and Anglophone West Africa, renowned for its commitment to financial excellence and innovation. With a steadfast adherence to core values and a focus on exceptional service, Zenith Bank has established a remarkable legacy in the banking industry.
As of December 31, 2023, Zenith Bank boasts an impressive total asset value of N24 trillion and a Profit Before Tax (PBT) of N284.7 billion, and now serving over 33 million customers. These figures underscore its position as one of the largest banking groups in Nigeria.
Founded in 1990 as a commercial bank, the bank transformation into a public limited company in 2004 marked a significant milestone in its journey. It’s listed on both the Nigeria Stock Exchange and the London Stock Exchange, with a thriving shareholder base exceeding half a million individuals. This has cemented Zenith Bank’s stature as Nigeria’s largest bank by tier-1 capital.
Zenith Bank’s extensive network spans across Nigeria, with its 393 branches and business offices strategically located in prime commercial hubs. The bank’s influence extends beyond Nigeria’s borders, with subsidiaries and representative offices in Ghana, Sierra Leone, the Gambia, and a representative office in China. Its UK subsidiary, licensed by the Financial Services Authority (FSA), further amplifies its global footprint.
Zenith Bank’s commitment to excellence is reflected in its numerous awards and recognitions, including:
- Bank of the Year (Nigeria) 2022 – The Banker Magazine
- Best Bank in Nigeria 2022 – Global Finance Magazine
- Best Corporate Governance ‘Financial Services’ Africa 2022 – Ethical Boardroom
- Best Commercial Bank in Nigeria 2022 – World Finance, London
These accolades highlight Zenith Bank’s leadership in the financial sector, both in Nigeria and on the global stage.
Zenith Bank Plc’s success is a testament to its unwavering dedication to professionalism, service excellence, and innovative solutions. With its continuous pursuit of excellence, Zenith Bank remains at the forefront of the banking industry, setting new standards for financial services across Africa and beyond.