Zenith Bank
| Public limited company | |
| Traded as | |
| Industry | Finance |
| Genre | Banking |
| Founded | May 1990 |
| Founder | Jim Ovia |
| Headquarters | Zenith Heights, Plot 84, Ajose Adeogun street, Victoria Island, Lagos, Nigeria |
Area served | Ghana, Nigeria, Sierra Leone, South Africa, UK |
Key people |
Jim Ovia, Chairman Peter Amangbo, CEO |
| Services | Banking |
| Revenue |
 Aftertax: ₦:105,531,000,000 (2015)[2] |
| Total assets | ₦:4,006,842,000,000 (2015)[2] |
| Subsidiaries | Zenith Insurance, Zenith Pension Custodian, Zenith Securities, Zenith Bank Ghana, Zenith Bank UK, Zenith Trust Company, CyberSpace Networks |
| Website | Homepage |
Zenith Bank is a financial services provider in Nigeria. It is licensed as a commercial bank, by the Central Bank of Nigeria, the central bank and national banking regulator.[3]
Location
The corporate headquarters of the bank are located at Zenith Heights, 84 Ajose Adeogun Street, Victoria Island, Lagos. The coordinates of the bank's headquarters are: 06°25'51.0"N, 03°26'09.0"E (Latitude:6.430833; Longitude:3.435833).[4]
Overview
Zenith Bank is a large financial service provider in Nigeria and Anglophone West Africa. As at 31 December 2015, its total assets were ₦:4,006,842,000,000, with shareholders' equity of ₦:594,353,000,000[2] The shares of stock of the company are listed simultaneously on the Nigeria Stock Exchange and on the London Stock Exchange.[1]
History
The bank was established in May 1990 and commenced banking operations in July of the same year. On 17 June 2004, following a successful IPO, the bank became a public limited company. On 21 October 2004 its shares of stock were listed on the Nigeria Stock Exchange (NSE). The bank's shares are traded on the London Stock Exchange (LSE) following a listing of the $850 million worth of its shares at $6.80 each, in 2013.[1][5]
Branch network
Headquartered in Lagos, Nigeria, Zenith Bank Plc has more than 500 branches and business offices in all states of the federation and the Federal Capital Territory (FCT).[5]
Subsidiaries
Zenith Bank maintains subsidiaries in the United Kingdom, United Arab Emirates, Ghana, Sierra Leone and The Gambia. The Bank also has representative offices in South Africa and China.[5]
See also
References
- 1 2 3 LSEG - Welcome Stories (21 March 2013). "London Stock Exchange Is Delighted To Welcome Zenith Bank To The Main Market". London: London Stock Exchange Group (LSEG). Retrieved 27 September 2016.
- 1 2 3 Zenith Bank Plc (24 February 2016). "Annual Report And Financial Statement As At 31 December 2015" (PDF). Lagos: Zenith Bank Plc. Retrieved 27 September 2016.
- ↑ CBN (27 September 2016). "List of Financial Institutions: Licensed Commercial Banks". Abuja: Central Bank of Nigeria (CBN). Retrieved 27 September 2016.
- ↑ Google (27 September 2016). "Location of the World Headquarters of Zenith Bank Plc." (Map). Google Maps. Google. Retrieved 27 September 2016.
- 1 2 3 Zenith Bank (27 September 2016). "Zenith Bank Plc: Corporate Information". Lagos: Zenith Bank. Retrieved 27 September 2016.
External links
- Website of Zenith Bank Plc.
- Zenith Bank: The success story of Nigerian banking
- What Nigerian Banks Pay Their Workers - 29 July 2015
Coordinates: 06°25′51″N 03°26′09″E / 6.43083°N 3.43583°E