Zenith Bank emerges best bank in Nigeria

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Zenith Bank headquarters

ZENITH Bank Plc has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020.

In a statement on Monday, the Group Managing Director/Chief Executive of Zenith Bank, Mr Ebenezer Onyeagwu, stated that the award was a clear demonstration of the bank’s market leadership.

Group Managing Director/Chief Executive of Zenith Bank, Mr Ebenezer Onyeagwu

He noted further that the “award is a clear demonstration of the bank’s market leadership, occasioned by our superior product offerings, best-in-class service and top-of-the-range technology which create value for our teeming customers.

“Zenith Bank has clearly distinguished itself in the Nigerian financial services industry through superior service quality, unique customer experience and sound financial indices.

“The bank, with a knack for setting the pace and raising benchmarks, is a clear leader in the digital space with several firsts in the deployment of innovative products, solutions and an assortment of alternative channels.”

The awards, published in the May 2020 edition of the Global Finance Magazine, was based on the performances of the banks in their respective regions and countries over the period a year, from January 1 to December 31, 2019.

Global Finance’s “World’s Best Banks Awards” are recognised amongst the world’s most influential banking/finance and corporate professionals as the most coveted and credible awards in the banking industry.

Winners were chosen in more than 150 countries across Africa, Asia-Pacific, Central & Eastern Europe, Latin America, the Middle East, North America and Western Europe.

The magazine, which was founded in 1987, regularly selects the top performers among banks and other providers of financial services and the awards have become a trusted standard of excellence for the global financial community.

For the year ended December 31, 2019, Zenith Bank achieved a feat, when it announced an impressive result, of profit after tax of N208.8 billion, becoming the first Nigerian bank to cross the N200 billion mark.

In 2019, the World Finance and the Best Digital Bank in Nigeria 2019 by Agusto & Co ranked  Zenith Bank as the Best Commercial Bank in Nigeria.

Also, at the 2019 BusinessDay Banks and other Financial Institutions (BAFI) Awards, the bank was voted as Bank of the Year and Best Bank in Retail Banking. 

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