Zenith Bank Ranked Number One in Nigeria by Tier-1 Capital

Zenith Bank Ranked Number One in Nigeria by Tier-1 Capital

Zenith Bank PLC has emerged as the number one bank in Nigeria by Tier-1 Capital in the 2020 Top 1000 World Banks Ranking published by The Banker Magazine.

The Bank climbs a whopping 29 spots to 386 from 415 in 2019 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 million, an increase of 16.1 % on the $2.4 million recorded in the 2019 rankings.

The ranking, which was published in the July 2020 edition of The Banker Magazine of the Financial Times Group, United Kingdom, was based on the 2019 year and Tier-1 of banks globally.

Zenith Bank has clearly distinguished itself in the Nigerian financial services industry through superior service quality, unique customer experience and sound financial indices. The bank, with a knack for setting the pace and raising benchmarks, is a clear leader in the digital space with many firsts in the deployment of innovative products, solutions and an assortment of alternative channels that ensure convenience, speed and safety of transactions.

Source: Vanguard Newspaper.


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