Zenith Bank Plc has retained its place because the Quantity One {Bank} in Nigeria by Tier-1 Capital for the sixteenth consecutive 12 months, within the 2025 High 1000 World Banks’ Rankings, revealed by The Banker, {Financial} Occasions Group, United Kingdom. This rating locations Zenith Bank Plc because the 581st {Bank} 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 {Bank} in Nigeria by Tier-1 capital for the sixteenth consecutive 12 months. This achievement is a mirrored image of the {bank}’s strong {financial} efficiency, prudent threat 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 position in cultivating a resilient and thriving establishment. She additionally expressed her deepest appreciation to the {bank}’s esteemed prospects for his or her continued loyalty to the Zenith model, the Board for the sound company governance, and the workers for his or her relentless & tireless efforts in guaranteeing the {bank}’s success.
Tier-1 Capital describes capital adequacy, the core measure of a {bank}’s {financial} energy from a regulator’s perspective. In line with the rating, Tier-1 Capital, as outlined by the {Bank} for Worldwide Settlements (BIS) tips, contains loss-absorbing capital, i.e., widespread inventory, disclosed reserves, retained earnings, and minority pursuits within the fairness of subsidiaries which are lower than wholly owned. A powerful Tier-1 capital ratio boosts investor and depositor confidence, indicating the {Bank} is well-capitalised and financially steady.
In line with the audited {financial} outcomes for the 2024 {financial} 12 months offered to the Nigerian Trade (NGX), the {Bank} 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% enhance in curiosity revenue, supported by funding in high-yield authorities securities, and progress within the {Bank}’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 {bank} report an unprecedented whole dividend payout of N195.67 billion at N5.00 per odd share within the 2024 {financial} 12 months.
Zenith Bank’s monitor report of fantastic efficiency has continued to earn the model quite a few awards together with being recognised because the {Bank} of the 12 months (Nigeria) in The Banker’s {Bank} of the 12 months Awards for 2020, 2022 and 2024; Greatest {Bank} in Nigeria from 2020 to 2022, 2024 and 2025, within the International Finance World’s Greatest Banks Awards; Greatest {Bank} for Digital Options in Nigeria within the Euromoney Awards 2023; and being listed within the World Finance High 100 International Corporations in 2023.
Additional recognitions embrace Greatest Business {Bank}, Nigeria for 4 consecutive years from 2021 to 2024 within the World Finance Banking Awards and Most Sustainable {Bank}, Nigeria within the Worldwide Banker 2023 and 2024 Banking Awards. Moreover, Zenith Bank was acknowledged because the Greatest Company Governance {Bank}, Nigeria, within the World Finance Company Governance Awards from 2022 to 2024 and ‘Greatest in Company Governance’ {Financial} Providers’ Africa for 4 consecutive years from 2020 to 2023 by the Moral Boardroom.
The {Bank}’s dedication to excellence noticed it being named the Most Beneficial Banking Model in Nigeria within the Banker Journal High 500 Banking Manufacturers for 2020 and 2021, {Bank} of the 12 months 2023 and 2024 on the BusinessDay Banks and Different {Financial} Establishments (BAFI) Awards, and Retail {Bank} of the 12 months for 3 consecutive years from 2020 to 2022 and in 2024 on the BAFI Awards. The {Bank} additionally obtained the accolades of Greatest Business {Bank}, Nigeria and Greatest Innovation in Retail Banking, Nigeria, within the Worldwide Banker 2022 Banking Awards.
Zenith Bank was additionally named Most Accountable Organisation in Africa, Greatest Firm in Transparency and Reporting and Greatest Firm in Gender Equality and Ladies Empowerment on the SERAS CSR Awards Africa 2024; {Bank} of the 12 months 2024 by ThisDay Newspaper; {Bank} of the 12 months 2024 by New Telegraph Newspaper; and Greatest in MSME Commerce Finance, 2023 by Nairametrics. The {Bank}’s Hybrid Provide was additionally adjudged ‘Rights Situation/ Public Provide of the 12 months’ on the Nairametrics Capital Market Selection Awards 2025.
