Zenith Bank PLC
121.50
NGN
-0.50
(-0.41%)
ISIN
NGZENITHBNK9
Return %
Stock
S&P 500
1Y
79.87
14.20
3Y
268.91
81.12
5Y
387.70
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Adaora Remy Umeoji
- Sector
- Finance
- Industry
- Regional banks
- Address
- Lagos Nigeria
- IPO Date
- Dec 6, 2007
- Website
- zenithbank.com
- Similar Companies
- Business
- Zenith Bank PLC provides commercial, corporate, retail, and investment banking services to individuals, small and medium-sized enterprises, multinational corporations, and public sector institutions. Founded in 1990, the company is headquartered in Lagos, Nigeria, and operates through an extensive network of domestic branches alongside international subsidiaries, representative offices, and banking units across the United Kingdom, Ghana, Sierra Leone, The Gambia, Kenya, the United Arab Emirates, France, South Africa, and China. The company operates through four primary business segments: Corporate Banking, Commercial Banking, Retail Banking, and Treasury & Financial Markets. Its comprehensive product and service portfolio comprises deposit products, including savings accounts, current accounts, domiciliary accounts, and fixed-term deposits; financing and credit solutions, including working capital facilities, term loans, syndicated lending, project finance, asset-backed finance, mortgage loans, consumer credit, overdraft facilities, and specialized SME funding; trade finance and transaction services, including letters of credit, documentary collections, bills for collection, export and import financing, structured trade finance, bank guarantees, and performance bonds; treasury and global market operations, including foreign exchange trading, government securities, fixed income instruments, money market trading, liquidity management, and financial derivative contracts; wealth management, private banking, registrar services, and pension asset custody; and digital financial platforms, including the Zenith Mobile Banking application, the *966# EazyBanking USSD platform, retail and corporate Internet Banking portals, GlobalPay payment gateway solutions, point-of-sale terminal networks, automated teller machines, and payment card issuance encompassing debit, credit, virtual, and prepaid cards. In recent corporate developments, Zenith Bank PLC initiated a structural reorganization to transition into a non-operating financial holding company structure, Zenith HoldCo, enabling strategic diversification into financial technology, asset management, and non-banking financial verticals while safeguarding its core banking business. To meet enhanced capitalization directives from the Central Bank of Nigeria, the institution completed a major hybrid capital raise comprising a rights issue and a public offer, successfully elevating its capital base above regulatory threshold requirements. Furthermore, the bank expanded its pan-African presence through the acquisition of Paramount Bank Limited in Kenya, establishing an operational hub to capture trade and commercial banking flows across the East African market.