Zenith Bank Plc has been rank as the number one bank in Nigeria by Tier-1 Capital in the 2022 Top 1000 World Banks. This was publish by The Banker Magazine.
For the 13 consecutive year, the bank retained its position as the number one Tier-1 bank in Nigeria; with a Tier-1 Capital of $2.75bn, emerging as the 460th Bank globally.
A statement by the lender said the Zenith Bank’s financial performance for the year was by double-digit growth of 10% in gross earnings. With an improved market share in both retail and corporate sectors. Despite a very challenging macroeconomic environment aggravated by the COVID-19 pandemic.
Commenting on the 2022 Top 1000 World Banks Ranking, the Group Managing Director/CEO of Zenith Bank Plc, Mr. Ebenezer Onyeagwu, said, “This ranking is a testament to our resilience and doggedness as an institution despite economic headwinds and a persistent challenging macroeconomic environment. Indeed, being the Number One Bank in Nigeria by Tier-1 Capital for the thirteenth year in a row; underscores our commitment to sustaining the superior performance we are renown for and creating value for our highly esteemed customers.”
He expressed his appreciation to the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CON, for his guidance; and for laying the foundation and building the structures of an enduring and very successful institution; the board for the outstanding leadership they provide.