Zenith Bank Plc has been named as the Best Bank in Nigeria for the second successive year in the Global Finance Magazine’s Best Banks Awards 2021.
Zenith was among other banks from 35 countries in Africa recognised as the prestigious US magazine, Global Finance announced its 28th Annual Best Bank Awards Winners in Africa.
According to a statement, the editors of Global Finance made all selections after extensive consultations with global industry stakeholders.
Global Finance considered growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products.
Winners have been chosen from 150 countries and territories globally since it was founded in 1987.
Joseph D. Giarraputo, publisher and editorial director of Global Finance, said: “Banks are playing a key role in economic recovery around the world, and as such, our Best Bank awards highlight the leaders in restoring growth and mapping a way forward.”
Commenting on the feat, the Group Managing Director/Chief Executive of Zenith Bank, Mr, Ebenezer Onyeagwu said: “This award is a strong indication of our resilience despite a very excruciating macroeconomic environment exacerbated by the COVID 19 pandemic”.
He added that the award was made possible by the joint contributions of the bank’s key stakeholders – the Group Chairman, Jim Ovia, for his pioneering and foundational role in building the bank’s structures.
The bank recently announced its 2020 result with gross earnings rising by 5% to N696.5 billion and Profit Before Tax (PBT) growing 5% to N255.9bn. it has also won several awards prior to this.
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