Zenith Bank Plc has once again solidified its position as the Best Bank in Nigeria, winning the prestigious Global Finance Best Banks Award for the fourth time since 2019. The bank was among the top financial institutions from 36 countries in Africa recognized by Global Finance in its 31st Annual Best Bank Awards.
The selection process for the awards involved extensive consultations with corporate financial executives, bankers, banking consultants, and analysts worldwide. Factors considered ranged from objective criteria such as growth in assets, profitability, geographic reach, strategic relationships, new business development, and product innovation to subjective criteria including the opinions of industry experts.
In a statement, the outgoing Group Managing Director/Chief Executive of Zenith Bank, Ebenezer Onyeagwu, expressed gratitude for the award, highlighting the bank’s resilience and dedication to delivering exceptional value to stakeholders. He credited the founder and chairman, Jim Ovia, for his vision in establishing a strong financial institution, as well as the board, staff, and customers for their contributions to the bank’s success.
Global Finance’s publisher and editorial director, Joseph D Giarraputo, noted the industry’s evolution with the introduction of generative artificial intelligence, emphasizing the importance of technological innovation and long-term reliability in banking services. The Best Bank Awards by Global Finance are recognized as the most prestigious in the banking industry, with winners chosen across 150 countries and territories.
Zenith Bank’s track record of excellence extends beyond the Global Finance Best Banks Award, with the bank receiving numerous accolades for its digital solutions, corporate governance, sustainability, and innovation in retail banking. The bank has consistently been recognized as a leader in the Nigerian banking sector, earning accolades from various reputable organizations.
Overall, Zenith Bank’s commitment to excellence and innovation has positioned it as a top financial institution not only in Nigeria but also on the global stage. With a focus on delivering exceptional value and embracing technological advancements, Zenith Bank continues to set the standard for banking excellence in Africa and beyond.