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ZENITH BANK RETAINS TOP SPOT AS NUMBER ONE BANK IN NIGERIA BY TIER-1 CAPITAL FOR THE SIXTEENTH CONSECUTIVE YEAR IN THE 2025 TOP 1000 WORLD BANKS’ RANKING

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Zenith Bank Plc has retained its place because the Quantity One Financial institution in Nigeria by Tier-1 Capital for the sixteenth consecutive yr, within the 2025 Prime 1000 World Banks’ Rankings, revealed by The Banker, Monetary Instances Group, United Kingdom. This rating locations Zenith Bank Plc because the 581st Financial institution globally, with a Tier-1 Capital of $2 billion.

The worldwide rankings, revealed within the July 2025 version of The Banker, was based mostly on the 2024 year-end Tier-1 capital of banks. That is the first foundation for many worldwide organizations’ assessments of banks.

Commenting on this achievement, the Group Managing Director/CEO of Zenith Bank Plc, Dame (Dr.) Adaora Umeoji, OON, stated, “We’re thrilled to have retained our place but once more because the Quantity One Financial institution in Nigeria by Tier-1 capital for the sixteenth consecutive yr. This achievement is a mirrored image of the financial institution’s sturdy monetary efficiency, prudent danger administration and steadfast dedication to delivering distinctive worth to our prospects and stakeholders”. She thanked the Founder and Chairman, Jim Ovia, CFR, for his visionary and transformative management which has performed a pivotal function in cultivating a resilient and thriving establishment. She additionally expressed her deepest appreciation to the financial institution’s esteemed prospects for his or her continued loyalty to the Zenith model, the Board for the sound company governance, and the employees for his or her relentless & tireless efforts in guaranteeing the financial institution’s success.

Tier-1 Capital describes capital adequacy, the core measure of a financial institution’s monetary energy from a regulator’s perspective. In response to the rating, Tier-1 Capital, as outlined by the Financial institution for Worldwide Settlements (BIS) tips, consists of loss-absorbing capital, i.e., frequent inventory, disclosed reserves, retained earnings, and minority pursuits within the fairness of subsidiaries which might be lower than wholly owned. A powerful Tier-1 capital ratio boosts investor and depositor confidence, indicating the Financial institution is well-capitalised and financially secure.

In response to the audited monetary outcomes for the 2024 monetary yr offered to the Nigerian Change (NGX), the Financial institution recorded a double-digit progress of 86% in gross earnings, growing from N2.13 trillion in 2023 to N3.97 trillion in 2024. This progress was pushed by a 138% improve in curiosity earnings, supported by funding in high-yield authorities securities, and progress within the Financial institution’s mortgage ebook. Zenith Bank’s revenue earlier than tax (PBT) rose by 67%, reaching N1.3 trillion in 2024 from N796 billion in 2023. This efficiency noticed the financial institution document an unprecedented whole dividend payout of N195.67 billion at N5.00 per unusual share within the 2024 monetary yr.

Zenith Bank’s monitor document of wonderful efficiency has continued to earn the model quite a few awards together with being recognised because the Financial institution of the 12 months (Nigeria) in The Banker’s Financial institution of the 12 months Awards for 2020, 2022 and 2024; Finest Financial institution in Nigeria from 2020 to 2022, 2024 and 2025, within the World Finance World’s Finest Banks Awards; Finest Financial institution for Digital Options in Nigeria within the Euromoney Awards 2023; and being listed within the World Finance Prime 100 World Corporations in 2023.

Additional recognitions embody Finest Business Financial institution, Nigeria for 4 consecutive years from 2021 to 2024 within the World Finance Banking Awards and Most Sustainable Financial institution, Nigeria within the Worldwide Banker 2023 and 2024 Banking Awards. Moreover, Zenith Bank was acknowledged because the Finest Company Governance Financial institution, Nigeria, within the World Finance Company Governance Awards from 2022 to 2024 and ‘Finest in Company Governance’ Monetary Companies’ Africa for 4 consecutive years from 2020 to 2023 by the Moral Boardroom.

The Financial institution’s dedication to excellence noticed it being named the Most Worthwhile Banking Model in Nigeria within the Banker Journal Prime 500 Banking Manufacturers for 2020 and 2021, Financial institution of the 12 months 2023 and 2024 on the BusinessDay Banks and Different Monetary Establishments (BAFI) Awards, and Retail Financial institution of the 12 months for 3 consecutive years from 2020 to 2022 and in 2024 on the BAFI Awards. The Financial institution additionally obtained the accolades of Finest Business Financial institution, Nigeria and Finest Innovation in Retail Banking, Nigeria, within the Worldwide Banker 2022 Banking Awards.

Zenith Bank was additionally named Most Accountable Organisation in Africa, Finest Firm in Transparency and Reporting and Finest Firm in Gender Equality and Girls Empowerment on the SERAS CSR Awards Africa 2024; Financial institution of the 12 months 2024 by ThisDay Newspaper; Financial institution of the 12 months 2024 by New Telegraph Newspaper; and Finest in MSME Commerce Finance, 2023 by Nairametrics. The Financial institution’s Hybrid Supply was additionally adjudged ‘Rights Situation/ Public Supply of the 12 months’ on the Nairametrics Capital Market Selection Awards 2025.

 

 

 

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