By Jeph Ajobaju, Chief Copy Editor
Zenith Bank has been named the Best Commercial Bank in Nigeria in the World Finance Banking Awards 2021 for evolving technological environment, maintaining top-class customer relations, and bolstering financial footing amid the pandemic.
The recognition piles on several other awards the bank has amassed in recent years, many of them won back to back in a Nigerian banking sector that is highly competitive standout brand, robust capital base, customer numbers, and profit
The latest garland was announced in the July 2021 edition of the World Finance magazine.
“This recognition reflects our resilience and ability to adapt to a very challenging macroeconomic environment exacerbated by the COVID-19 pandemic, as well as our commitment to creating value for our teeming customers through our best-in-class service and innovative products and solutions,” said Zenith Bank Group Managing Director/Chief Executive, Ebenezer Onyeagwu.
He expressed heartfelt gratitude to customers for making Zenith Bank their preferred financial institution which in culminated in this award.
World Finance, a leading international magazine, provides comprehensive coverage and analysis of the financial industry, international business, and the global economy.
The editorial combines award-winning reportage, covering a broad range of topics from banking and insurance to wealth management and infrastructure investment, with contributions from some of the world’s most respected economists and theorists as well as consultants in government think tanks and the World Economic Forum.
This award builds on several other awards and recognition Zenith Bank has received in recent times for excellent performance and commitment to global best practices.
Among other awards, Zenith Bank clinched
· Bank of the Year (Nigeria) in The Banker’s Bank of the Year Awards 2020
· Best Bank in Nigeria in the Global Finance World’s Best Banks Awards 2020
· Best Bank in Nigeria in the Global Finance World’s Best Banks Awards 2021
· Best Corporate Governance ‘Financial Services’ Africa 2020 by the Ethical Boardroom
· Best Corporate Governance ‘Financial Services’ Africa 2021 by the Ethical Boardroom
· Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500 Banking Brands
· Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500 Banking Brands 2021
· Number One Bank in Nigeria by Tier-1 Capital in the “2021 Top 1000 World Banks” Ranking by The Banker magazine
· Bank of the Decade (People’s Choice) at the ThisDay Awards 2020
· Retail Bank of the year at the 2020 BusinessDay Banks and Other Financial Institutions (BOFI) Awards
· Best Company in Promotion of Good Health at the Sustainability, Enterprise and Responsibility (SERAS) Awards 2020
· Best Company in Promotion of Gender Equality and Women Empowerment at the Sustainability, Enterprise and Responsibility (SERAS) Awards 2020
Banking digital space leader
Zenith Bank continues to distinguish itself in the Nigerian financial services industry through superior service offering, unique customer experience, and sound financial indices.
The bank remains 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.
Zenith Bank is the most profitable bank in Nigeria where it is the second most valuable bank by market capitalisation, and is known for being one of the best Corporate Governance Financial Services in Africa
Its market value currently stands at N747.24 billion.
Its most recent result shows it is well-positioned for more upsides as the Tier 1 bank posted a Q1 2021 Profit Before Tax up 4 per cent year-to-year (y/y) to N61 billion on the back of a 5 per cent y/y growth in pre-provision profits.