Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Magazine’sBest Banks Awards 2022, retaining the award for a third consecutive year. The Bank wasamong other banks from 36 countries in Africa recognised as the prestigious Global Financeannounced its 29th Annual Best Bank Awards Winners.The editors of Global Finance made the selections after extensive consultations with corporatefinancial executives, bankers and banking consultants, and analysts worldwide. Global Financeconsidered factors that ranged from the quantitative objective to the informed subjective inselecting the top banks. Objective criteria considered included: growth in assets, profitability,geographic reach, strategic relationships, new business development and innovation inproducts. Subjective criteria included the opinions of equity analysts, credit rating analysts,banking consultants and others involved in the industry.Commenting on the award, the Group Managing Director/Chief Executive of Zenith Bank, MrEbenezer Onyeagwu said: “This award is a testament to our tenacity despite a very challengingmacroeconomic environment. Indeed, being recognised, for the third consecutive year, is anacknowledgement of the resilience of the Zenith brand as the leading financial institution inNigeria.” He lauded the contributions and efforts of the Bank’s key stakeholders – the Founderand Chairman, Jim Ovia, CON, for his pioneering role in building the structures and laying thefoundation for an enduring and successful institution, the Board for the outstanding leadershipthey provide, the staff for their commitment and dedication as well as the Bank’s customers fortheir unwavering loyalty and support.Global Finance’s “Best Banks Awards” are recognised amongst the world’s most influentialbanking/finance and corporate professionals as the most coveted and credible awards in thebanking industry, with winners chosen in 150 countries and territories across Africa,AsiaPacific, the Caribbean, Central America, Central & Eastern Europe, Latin America, theMiddle East, North America and Western Europe.Founded in 1987, Global Finance regularly selects the top performers among banks and otherfinancial services providers, and the awards have become a trusted standard of excellence forthe global financial community. Joseph D. Giarraputo, publisher and editorial director of GlobalFinance, said: “With the financial world in a state of turmoil from Russia’s invasion of Ukraine,corporate leaders face a new set of challenges concerning the choice of their bankingrelationships.” According to him, “following on the enormous difficulties wrought by the pandemic, these changes demand increased attention to global commercial relationships. Our awards support decision-makers in selecting the best financial partners. ”Zenith Bank’s track record of excellent performance has earned the brand numerous awards, including being voted as Best Commercial Bank in Nigeria in the World Finance Banking Awards 2021, Best Bank in Nigeria in the Global Finance World’s Best Banks Awards 2020 and 2021, Bank of the Year (Nigeria) in The Banker’s Bank of the Year Awards 2020, and Best in Corporate Governance ‘Financial Services’ Africa 2020 and 2021 by the Ethical Boardroom. Also, the Bank emerged as the Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500 Banking Brands 2020 and 2021, Number One Bank in Nigeria by Tier-1 Capital in the “2021 Top 1000 World Banks” Ranking by The Banker Magazine and the Retail Bank of the year at the BusinessDay Banks and Other Financial Institutions (BOFI) Awards 2020 and 2021. Similarly, Zenith Bank was honoured as Bank of the Decade (People’s Choice) at the ThisDay Awards 2020 and emerged winner in four categories at the Sustainability, Enterprise, and Responsibility (SERAS) Awards 2021, carting home the awards for “Best Company in Reporting and Transparency”, “Best Company in Infrastructure Development”, “Best Company in Gender Equality and Women Empowerment”, and the coveted “Most Responsible Organisation in Africa.
