As proof of its resilience and market leadership, Zenith Bank announced its impressive annual results as of December 31, 2019, with an after-tax profit (PAT) of 208.8 billion Nigerian Naira, Became Nigeria ’s first feat to cross the N200 bank in billions of marks. In the recently released unaudited financial results for the first quarter of 2020, the bank also achieved better results in the same period in 2019, with total revenue increasing 6% to N166.8 billion and profit before tax (PAT) increasing by 3% To N58.8 billion.
Consistent with this best performance and commending its outstanding performance record, Zenith Bank was rated as the
Best Commercial Bank of Nigeria in 2019 '' by World Finance Magazine and 2019 by Agusto & Co Nigeria’s Best Digital Bank of the Year. The bank was also voted the Best Bank of the Year and Retail Bank for the 2019 BusinessDay Bank and Other Financial Institutions (BAFI) Award. Recently, the bank was named the most valuable bank brand in Nigeria by Banker Magazine for the third consecutive year. “Top 500 Banking Brands 2020”
Zenith Bank has won obvious recognition in the Nigerian financial services industry through its excellent service quality, unique customer experience, and good financial indicators. The bank has the skills to set the rhythm and improve benchmarks, is a clear leader in the digital field, and has several pioneers in the deployment of innovative products, solutions, and various alternative channels to ensure the convenience, speed, and security of transactions.
Ebenezer Onyeagwu, Managing Director / Chief Executive Officer of Summit Bank Group, said “this 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 Plc, Nigeria’s leading financial institution, emerged as the best bank in Nigeria in the recently released Global Bank Magazine World Best Best Banks Awards 2020. The awards, which were published in the May 2020 issue of Global Finance Magazine, were based on the results of banks in their regions and countries in the period from January 1 to December 31, 2019. Global Finance ‘Global Best Banks Awards’ are recognized as the world’s most influential banking/finance and corporate companies as the most desirable and credible awards in the banking industry, and the winners were selected in over 150 countries in Africa, Asia-Pacific, Central Europe, and Eastern Europe. Eastern Europe, Latin America, Middle East, North America, and Western Europe.