Browsing: Zenith Bank

According to the bank’s audited half-year financial results presented to the Nigerian Exchange (NGX), the Group recorded a growth in profit before tax of three per cent from NGN114 billion reported in H1 2020 to NGN117 billion in H1 2021.

The award, which was announced in the July 2021 edition of the World Finance Magazine, was based on individual banks’ ability to adapt to a continually evolving technological environment while maintaining top-class customer relations and bolstering their financial footing amidst the upheaval of the COVID-19 pandemic.

According to the judges, he was selected for a plethora of reasons, key among these practices include a robust Environmental and Social Management System for screening credit facilities and continued investment in social initiatives in support of the United Nations Sustainable Development Goals, and for joining 131 other banks from across the globe as a founding signatory to the United Nations Environment Programme Finance Initiative Principles for Responsible Banking.

Climbing a whopping 29 spots from 415 in 2019 to 386 in the 2020 global ranking of banks, Zenith Bank retained its position as the number one Tier-1 bank in Nigeria with Tier-1 Capital of $2.79 billion, an increase of 16.1 per cent on the $2.40 billion recorded in the 2019 rankings.

Zenith Bank Plc, Nigeria’s leading financial institution, has introduced an automated voice banking service, an interactive voice response solution which enables customers to perform basic banking transactions by dialing a dedicated phone line through their registered phone numbers and following the prompts.