Zenith Bank Plc has been named “Bank of the Year Nigeria 2013” by Banker magazine, a publication of Financial Times of London. Nominees for the award were judged by their ability to deliver shareholder returns and gain strategic advantage in terms of market visibility and positioning.
According to The Banker magazine, Zenith Bank was selected based on the overall performance of the institution and the opinion of leading financial analysts from the world’s financial markets. The award was received on behalf of the bank by the bank’s Group Managing Director, Mr. Godwin Emefiele at an award ceremony held at the Intercontinental Park Lane Hotel, London.
Earlier in the year, Zenith Bank was named Nigeria’s largest financial institution by The Banker Magazine. In its 2013 rating of the world’s Top 1,000 banks, magazine listed the bank as Africa’s 6th largest by Tier 1 capital having grown its Tier I capital to $2.969 billion within 12 months.