Harman Patil (Editor)

Zenith Bank

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Type
  
Public limited company

Genre
  
Banking

Founded
  
May 1990, Nigeria

Industry
  
Finance

Founder
  
Jim Ovia


Traded as
  
NSE: ZENITHBANK LSE: ZETB

Headquarters
  
Zenith Heights, Plot 84, Ajose Adeogun street, Victoria Island, Lagos, Lagos State, Nigeria

Area served
  
Ghana, Nigeria, Sierra Leone, South Africa, UK

CEO
  
Peter Amangbo (1 Jun 2014–)

Subsidiaries
  
Zenith Trustees Limited, Zenith Bank (UK) Ltd

Profiles

Commercial zenith bank 2010


Zenith Bank is a Nigerian multinational financial services provider. It is licensed as a commercial bank, by the Central Bank of Nigeria, the central bank and national banking regulator.

Contents

Zenith Bank is a large financial service provider in Nigeria and Anglophone West Africa. As at 31 December 2016, its total assets was ₦:4,739,825 million with shareholders' equity of ₦:616,353 million The shares of stock of the company are listed on the Nigeria Stock Exchange and the London Stock Exchange.

History

The bank was established in May 1990 and commenced banking operations in July of the same year. On 17 June 2004, following a successful IPO, the bank became a public limited company. On 21 October 2004 its shares of stock were listed on the Nigeria Stock Exchange (NSE). The bank's shares are traded on the London Stock Exchange (LSE) following a listing of the $850 million worth of its shares at $6.80 each, in 2013.

Branch network

Headquartered in Lagos, Nigeria, Zenith Bank Plc has more than 500 branches and business offices in all states of the federation and the Federal Capital Territory (FCT).

Subsidiaries

Zenith Bank maintains subsidiaries in the United Kingdom, United Arab Emirates, Ghana, Sierra Leone and The Gambia. The Bank also has representative offices in South Africa and China.

References

Zenith Bank Wikipedia