Amid increasing inflation and dwindling purchasing value of Nigeria’s Naira, one of the country’s capitalized leading banks, Zenith Bank Plc reported N505bn profit after tax for the third quarter ended September 2023. This was revealed in the lender’s unaudited third-quarter financial results filed with the Nigerian Exchange Limited. According to the financial group’s Q3 results, …
The complaints of customers to five banks rose by 117 per cent to 6,865,217 year-on-year as of June 2023 from 3,156,704 complaints as of the same period in 2022, The PUNCH can report. Financial claims arising from the various complaints in the review period stood at N326.11bn, up by 289 per cent compared with N83.78bn…
The Banker Magazine has ranked Zenith Bank Plc as the ‘Number One Bank in Nigeria by Tier-1 Capital’ in the 2023 top 1,000 world banks’. The bank had held its position as the number one Tier-1 bank in Nigeria for the fourteenth year in a row, emerging as the 467th bank globally with a Tier-1…
Zenith Bank Plc has announced its audited results for the year ending Dec. 31, 2022, achieving a growth of 24 per cent in gross earnings from N765.6 billion reported in 2021 to N945.5 billion in 2022. This is despite the persistent challenging macroeconomic environment and headwinds. According to the audited financial results for the 2022…
