Zenith Bank Plc has been rated the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024.
The latest ranking is the bank’s fourth time emergence since 2019.
The bank was among others from 36 Africa countries recognised as the prestigious Global Finance announced its 31st Annual Best Bank Awards Winners.
The editors of Global Finance made the selections after extensive consultations with corporate financial executives, bankers and banking consultants, and analysts worldwide.
Among other factors considered in selecting the top banks, was the quantitative objective to the informed subjective.
The objective factors included: growth in assets; profitability; geographic reach; strategic relationships; new business development and innovation in products. The subjective criteria were: opinions of equity analysts; credit rating analysts; banking consultants and others involved in the industry.
Commenting on the award, the outgoing Group Managing Director/Chief Executive of Zenith Bank, Dr. Ebenezer Onyeagwu said: “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 profound gratitude to the founder and chairman, Mr. Jim Ovia, for his exceptional vision and foundational role in establishing a resilient and enduring financial institution.
Onyeagwu also lauded the board for their astute insights and exemplary leadership, the staff for their steadfast commitment and unwavering dedication, and the customers for their staunch loyalty to the Zenith brand.
Publisher and editorial director of Global Finance, Joseph D. Giarraputo said: “Banking has reached another watershed moment with the debut of generative artificial intelligence, which promises to rewrite the industry playbook.”
“In this ever-changing environment, the Best Bank Awards recognize the financial institutions that offer the broadest range of services, long-term reliability, and technological innovation.”
Global Finance’s “Best Banks Awards” are recognised amongst the world’s most influential banking/finance and corporate professionals as the most coveted and credible awards in the banking industry, with winners chosen in 150 countries and territories across Africa, AsiaPacific, the Caribbean, Central America, Central & Eastern Europe, Latin America, the Middle East, North America and Western Europe.
Zenith Bank was named Bank of the Decade (People’s Choice) at the ThisDay Awards 2020, Bank of the Year 2021 by Champion Newspaper, Bank of the Year 2022 by New Telegraph Newspaper, and Most Responsible Organisation in Africa 2021 by SERAS Awards.
