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Zenith Bank Plc is one of the biggest and most profitable banks in Nigeria and in all of West Africa with total assets of N2.478 trillion (US$15.22 billion) and loans and advances of N972.242 billion (US$5.972 billion) as of June 30, 2012. The company operates through more than 300 local branches and employs over 3,900 people. In addition to Nigeria, the bank has branches in the Gambia, Ghana, Sierra Leone, South Africa, and the United Kingdom. Zenith Bank was established in May 1990 and started operations in July same year as a commercial bank. It became a public limited company in June 2004 and bank’s shares were listed on the Nigerian Stock Exchange in October 2004. The bank presently has a shareholder base of about one million. The operating results of Zenith Bank since it went public in 2004 indicate an impressive performance on all parameters. Total assets grew by 927% from N193.3 billion as at the end of June 2004 to N1.79 trillion (US$11.8 billion) in December 2010. Within the same period, shareholders funds rose from N15.6 billion to N363.6 billion, indicating an increase of 2331 per cent while total deposits jumped by 1008 per cent from N131 billion to N1.32 trillion. Godwin Emefiele is Chief Executive Officer of Zenith Bank.
Subsidiaries: Zenith Capital, the investment banking arm. Zenith Securities Limited, a securities trading and asset management company. Zenith Registrars Limited, share registration services. Zenith General Insurance Company Limited, an insurance and risk underwriting company. Zenith' Pensions Limited, a pensions custodian management company.
Credit Ratings
Fitch Ratings (March 2013) Long-Term IDR: B+, Short-Term IDR: B National Long-Term Rating: AA−(nga) National Short-Term Rating: F1+(nga)
Standard and Poor's (July 2012) Counterparty Credit Rating: B+/Positive/B Nigeria National Scale: ngA+/--/ngA-1
Head Office address: Plot 84, Ajose Adeogun Street, Victoria Island, Lagos, Nigeria Phone number: 0700-936484-2265, +234 (1) 4648000 ATM Unit: 0700-286-936484, CARD Unit: 0700-2273-936484 Fax: +234 (1) 2618212 Website: www.zenithbank.com
Zenith Bank branches in Nigeria
Zenith Bank International Branches
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Zenith Bank Gambia Ltd Head Office 49 Kairaba Avenue, Fajara K.S.M.D. P.O. Box 2823, Serrekunda The Gambia Tel: (220) 4399471, 4399474, 4399475 Zenith Bank (Gambia) Limited is a privately owned African bank incorporated in October 2008. It is the leading bank in Gambia serving both retail and corporate customers. It operates as a subsidiary of Zenith Bank Plc.
Zenith Bank Ghana Head Office Tel: 233-30-2660075, 233-30-2660093, 233-30-2683848 Zenith Bank (Ghana) is a privately owned African bank incorporated in April 2005. The Bank operates through a network of 22 branches in Ghana and at the end of December 2009, it had total assets of GH699 million and customer deposits of GH468.5 million.
Zenith Bank Sierra Leone Head Office 18-20 Rawdon Street Freetown Sierra Leone. Tel: (022) 225400, 225666, 227667-8, 225070 Fax: (022) 225070
Representative Office in South Africa Johannesburg Tel: N/A
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Zenith Bank (UK) Limited 39 Cornhill London EC3V 3ND United Kingdom Tel: +44 (0)20 7105 3950 Fax: +44 (0)20 7105 3999
Zenith Bank (UK) Limited - Mayfair Office 20-22 Berkeley Square London W1J 6EQ United Kingdom Tel: +44 (0)20 7290 3060 Fax: +44 (0)20 7290 3061
Zenith UK was licensed in March 2007, the first new Nigerian bank to be approved by the FSA in 25 years. Zenith UK offers a wide range of Trade Finance, Lending and Treasury products and services to Nigerian Corporations and Banks and to UK and European Corporations trading with and investing in Nigeria and other West African countries.
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