The 2022 Global Finance Magazine has awarded Zenith Bank plc as best bank in Nigeria and retaining the award for the third uninterrupted year.
Zenith was among other banks from over 30 nations in Africa known as the prestigious Global Finance published its 29th Annual Best-Bank Awards Winners.
The Global Finance editors made the preferences after comprehensive consultations with corporate financial directors, bankers and banking professionals, and reviewers worldwide.
Global Finance evaluated characteristics that varied from the quantitative objective to the knowledgeable subjective in appointing the prime banks.
Objective standards assessed included: growth in possession, profitability, geographic scope, strategic connections, new business advancement and products innovation. Subjective standards included the viewpoints of equity analysts, banking consultants and credit rating analysts, others involved in the business.
While commenting on the award, Mr Ebenezer Onyeagwu, the Group Managing Director/Chief Executive of Zenith Bank, was cited in a statement to have said: “This award is a testament to our tenacity despite a very difficult macro-economic atmosphere. Clearly, being recognised, for the third uninterrupted year, is an acknowledgement of the stability of the Zenith bank as the top financial organization in Nigeria.”
He commended the contributions and actions of the Zenith main stakeholders – the CEO, Jim Ovia, CON, for his originating role in creating the arrangements and setting the foundation for an enduring and profitable organization, the Board for the excellent management they provide, the personnel for their loyalty and commitment as well as the Bank’s clients for their unyielding devotion and support.