Zenith hosts FMDA quarterly meeting

Zenith Bank Plc, a leading commercial bank on the Africa Continent has accepted to host Financial Markets Dealers Association (FMDA) quarterly general meeting in Lagos.

FMDA is an Association of licensed Deposit Money Banks (DMBs) operating within the Nigerian Financial Market, playing an important role as  the principal interface with the monetary authorities through policy advocacy and engagement aimed at promoting sound market.

In a statement signed by  FMDA acting executive secretary, Mrs. Mary Gbegbaje and made available to OpenLife,  the event is  slated for Thursday, June 20 at the Lagos Oriental Hotel, Victoria Island, Lagos by 3:00pm in line with the association’s  collaborating strategy  with key stakeholders to create awareness on financial markets products, provide technical advice and create networking opportunities for members.

While Zenith Bank Group Managing Director/CEO,  Ebenezer Onyeagwu will give a welcome address and  Director, Agusto & Co, Olabode Agusto  speaking on the theme: Post-Inauguration Economic Outlook,  FMDA President, Samuel Ocheho  will discuss key market development issues at the event.

“The meeting provides a veritable avenue for the exchange of ideas, dissemination of information and fostering of business relationships among Treasurers, market players and their institutions. It will also be an opportunity to introduce new dealers into the market and familiarize them with operations of FMDA,” the statement said.

Just recently, Zenith Bank Plc released its unaudited first quarter results for the period ended March 31, 2019 indicating an impressive growth in income by 4.9% to N122.48bn

Profit Before Tax grew by 6.1% to N57.29bn and Profit After Tax grew by 6.7% to N50.23bn with  Net Assets growing by 6.2% to N780.89bn