December 23, 2024

FINTECH MAGAZINE AFRICA

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Zenith Bank Clinches Nigeria’s Best Bank For The Fourth Successive Year at Global Finance Awards 2024

Nigeria’s multinational financial service provider Zenith Bank Plc, has been named the Best Bank in Nigeria at the Global Finance Best Banks Awards 2024, securing this accolade for the fourth time since 2019. 

The bank stood out among its peers in the country, as well as among other banks from 36 African countries recognized by the prestigious Global Finance in its 31st Annual Best Bank Awards.

The selection process for the top banks encompassed a spectrum of factors, spanning from quantitative metrics to informed subjective assessments. 

Objective criteria encompassed various aspects such as growth in assets, profitability, geographic expansion, strategic partnerships, new business initiatives, and product innovation. Subjective evaluations incorporated the insights of equity analysts, credit rating analysts, banking consultants, and other industry stakeholders.

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 further expressed profound gratitude to the founder and chairman, Jim Ovia, CFR, for his exceptional vision and foundational role in establishing a resilient and enduring financial institution. Also, he commended lauded the board for their efforts and exemplary leadership, the staff for their steadfast commitment and unwavering dedication, and the customers for their staunch loyalty to the Zenith brand.

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