FINANCE

Global Finance World rates Zenith Bank as Nigeria’s best

&NewLine;<p>The ending awards to Zenith Bank Plc&comma; Nigeria’s leading financial institution has&comma; yet again&comma;  stretched to the global scene as the bank has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The awards&comma; which was published in the May 2020 edition of the Global Finance Magazine&comma; was based on the performances of the banks in their respective regions and countries over the period from January 1 to December 31&comma; 2019&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Global Finance’s &&num;8220&semi;World’s Best Banks Awards&&num;8221&semi; are recognized amongst the world’s most influential banking&sol;finance and corporate professionals as the most coveted and credible awards in the banking industry&comma; with winners chosen in more than 150 countries across Africa&comma; Asia-Pacific&comma; Central &amp&semi; Eastern Europe&comma; Latin America&comma; the Middle East&comma; North America and Western Europe&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Founded in 1987&comma; Global Finance 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&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-large"><img src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2020&sol;02&sol;Jim-Ovia-7&period;jpg" alt&equals;"" class&equals;"wp-image-2433"&sol;><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<p>Commenting on the recognition&comma; the Group Managing Director&sol;Chief Executive of Zenith Bank&comma; Mr&comma; Ebenezer Onyeagwu said that &OpenCurlyDoubleQuote;this award is a clear demonstration of the bank’s market leadership&comma; occasioned by our superior product offerings&comma; best-in-class service and top-of-the-range technology which create value for our teeming customers&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Zenith Bank has clearly distinguished itself in the Nigerian financial services industry through superior service quality&comma; unique customer experience and sound financial indices&period; The bank&comma; with a knack for setting the pace and raising benchmarks&comma; is a clear leader in the digital space with several firsts in the deployment of innovative products&comma; solutions and an assortment of alternative channels that ensure convenience&comma; speed and safety of transactions&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>As a testament to its resilience and market leadership&comma; Zenith Bank announced an impressive result for the year ended December 31&comma; 2019&comma; with profit after tax &lpar;PAT&rpar; of N208&period;8 billion&comma; achieving the feat as the first Nigerian Bank to cross the N200 billion mark&period; In the recently released Q1 2020 unaudited financial results&comma; the bank also recorded an improved result over the corresponding period in 2019&comma; with gross earnings rising by 6&percnt; to N166&period;8 billion and profit before tax &lpar;PAT&rpar; growing 3&percnt; to N58&period;8 billion&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-large"><img src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2020&sol;02&sol;Ebenezer&period;jpg" alt&equals;"" class&equals;"wp-image-2434"&sol;><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<p>Consistent with this superlative performance and in recognition of its track record of exceptional performance&comma; 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&amp&semi; Co&period; 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 &lpar;BAFI&rpar; Awards&period; Most recently&comma; the bank was recognized as the Most Valuable Banking Brand in Nigeria&comma; for the third consecutive year&comma; in the Banker Magazine &OpenCurlyDoubleQuote;Top 500 Banking Brands 2020” and the Bank of the Decade &lpar;People’s Choice&rpar; at the ThisDay Awards 2020&period;<&sol;p>&NewLine;

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