Zenith Bank emerges best bank in Global Finance Awards 2020 - Enjoy this Awesome Report

Zenith Bank emerges best bank in Global Finance Awards 2020
Zenith Bank emerges best bank in Global Finance Awards 2020
Zenith Bank

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

The award, which was 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 from January 1 to December 31, 2019.

Zenith Bank in statement stated that Global Finance’s “World’s Best Banks Awards” are recognized amongst the world’s most influential banking/finance and corporate professionals as the most coveted and credible awards in the banking industry, with winners chosen in more than 150 countries across Africa, Asia-Pacific, Central & Eastern Europe, Latin America, the Middle East, North America and Western Europe.

Commenting on the recognition, the Group Managing Director/Chief Executive of Zenith Bank, Mr, Ebenezer Onyeagwu 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.”

READ ALSO: Stock market: Bearish run intensifies as investors lose N114bn

The statement adds: “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 that ensure convenience, speed and safety of transactions.”

As a testament to its resilience and market leadership, Zenith Bank announced an impressive result for the year ended December 31, 2019, with profit after tax (PAT) of N208.8 billion, achieving the feat as the first Nigerian Bank to cross the N200 billion mark.

In the recently released first quarter, Q1 2020 unaudited financial results, the bank also recorded an improved result over the corresponding period in 2019, with gross earnings rising by 6 percent  to N166.8 billion and profit before tax (PAT) growing 3 percent to N58.8 billion.

Consistent with this superlative performance and in recognition of its track record of exceptional performance, Zenith Bank was ranked as the Best Commercial Bank in Nigeria 2019 by the World Finance and the Best Digital Bank in Nigeria 2019 by Agusto& Co. The bank was also voted as Bank of the Year and Best Bank in Retail Banking at the 2019 BusinessDay Banks and other Financial Institutions (BAFI) Awards.

Most recently, the bank was recognized as the Most Valuable Banking Brand in Nigeria, for the third consecutive year, in the Banker Magazine’s “Top 500 Banking Brands 2020” and the Bank of the Decade (People’s Choice) at the ThisDay Awards 2020.

Vanguard

The post Zenith Bank emerges best bank in Global Finance Awards 2020 appeared first on Vanguard News.

Tyranny of God

Comments

Post a Comment

Popular posts from this blog

Keystone Bank partners NCF on tree planting campaign - Enjoy this Awesome Report

Image
Keystone Bank KEYSTONE Bank Limited has partnered with the Nigerian Conservation Foundation (NCF) on a tree planting campaign in Lagos State. The trees are expected to absorb carbon dioxide in the environment and create an ecosystem that will help to reduce pollution. The bank in a statement said the campaign was to support ongoing global efforts  to ensure sustainable cities and communities under the Sustainable Development Goal (SDG) 11 of the United Nations (UN). Speaking on the campaign in Lagos recently, Mr. Adeyemi Odusanya, an Executive Director of the bank, said some staff members of Keystone Bank recently visited the NCF office in Lagos to plant some Mahogany trees. READ ALSO: More Chinese cities shut down as virus death toll rises He said the objective was to further the operations of the bank with the Sustainable Development Goals, adding that under the arrangement, NCF will nurture the plants to maturity. Under the SDG 11 of Sustainable Cities and Communities, citie
Read more

Death toll rises to 39 after earthquake in western Turkey - Enjoy this Awesome Report

Image
At least 39 people have died after a major earthquake struck western Turkey, President Recep Tayyip Erdogan said, adding that as many as 103 survivors have been freed from collapsed buildings. A total of 885 people were hospitalized, 667 of whom have already been dismissed, Erdogan told reporters in Turkey’s third-largest city, Izmir, where a 6.6-magnitude earthquake destroyed nearly 20 buildings and triggered a sea surge. Around 3,000 tents have been set up, while student dormitories are ready to host locals who must stay away from damaged buildings, Erdogan said. The Turkish president thanked world leaders for messages of solidarity, adding that over 90 countries have shared condolences. More than 30 hours into operations, as many as 5,000 rescue workers were still searching for signs of life under the rubble of at least nine collapsed buildings in central Izmir on Saturday, the state-run broadcaster TRT showed. On top of an eight-storey Riza Bey apartment block in Bayrakli dis
Read more

2021 Hajj: Kwara Muslim Pilgrims Board begins preparations - Enjoy this Awesome Report

Image
The Kwara Muslim Pilgrims Welfare Board has said that preparations for the 2021 Hajj operation for intending pilgrims willing to travel with the board will commence on September 7. Alhaji Mohammed Tunde-Jimoh, the Executive Secretary of the board, said this in an interview with the newsmen in Ilorin recently. Tunde-Jimoh said the board had mapped out a strategy to ensure a hitch-free Hajj for intending pilgrims for the 2021 holy pilgrimage to Saudi Arabia. He said that only 100 of 1,800 intending pilgrims, who paid their Hajj fare for the aborted 2020 Hajj, had so far requested for refund. He assured that the remaining 1,700 who rejected refund would first be considered in the 2021 Hajj operation. “Intending pilgrims for 2020 Hajj, who did not collect their money had taken the right decision. “This is because Saudi Authorities may reduce the number of intending pilgrims and the board will first treat those that left their fare with us,” he said. The executive secretary of the
Read more