By Ola Kay
Zenith Bank Plc has maintained an outstanding lead as the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024, making it it’s fourth win since 2019.
Nigeria’s Zenith Bank was among other banks from 36 African countries recognised when the prestigious Global Finance announced its 31st Annual Best Bank Awards Winners.
Selections were made by editors of Global Finance, following an extensive consultations with corporate financial executives, bankers and banking consultants, and analysts worldwide.
Among the criteria for selection of the top banks include the quantitative objective to the informed subjective. Objective criteria considered included: growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products, while the subjective criteria include the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry.
Speaking on the award, the outgoing Group Managing Director/Chief Executive of Zenith Bank, Dr. Ebenezer Onyeagwu stated that, “This award serves as a powerful affirmation of our resilience and tenacity despite headwinds and a very challenging macroeconomic environment. Indeed, it is a testament to our status as the leading financial institution in Nigeria, dedicated unwaveringly to delivering exceptional value to our stakeholders.”
He expressed deep appreciation to the Founder and Chairman, Jim Ovia, CFR, for his rare vision and foundational role in establishing a resilient and enduring financial institution. He equally thanked the board of directors for their insights and outstanding leadership as well as the staff for their commitment and unwavering dedication. He also praised the bank’s customers for their steadfast loyalty to the Zenith brand.
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