NIGERIA Invest in 2012-13 - Newsdesk Media

Zenith Bank plc
Zenith Bank was established in May 1990 and started operations in July of
the same year as a commercial bank. It became a public liability company
on 17 June 2004 and was listed on the Nigerian Stock Exchange on
21 October 2004 following a very successful Initial Public Offering (IPO). The
bank is one of the biggest and most capitalised companies on the Nigerian
Stock Exchange. It presently has a shareholder base of over 700,000 –
an indication of the strength and wide acceptance of the Zenith brand.
Zenith Bank Plc has evolved through innovation, dynamism, rare business
insight and excellent leadership to become a leading fi nancial institution in
Nigeria. Within the fi rst decade of commencing operations, it made its mark
in profi tability and a number of other performance indices.
Over the years, the bank has redefi ned customer service standards and
created diverse service delivery channels. The Zenith brand has become
synonymous with the use of Information and Communication Technology
(ICT) in banking and general innovation in the Nigerian banking industry.
The bank continues to drive its competitive edge through the use of robust
ICT platforms in delivering exceptional customer services. Coupled with
its strong brand recognition and strategically distributed branch network,
the bank has maintained a good share of the Nigerian market. Zenith Bank
also continues to reinvent its service excellence strategy to consolidate
its exceptional performance. Thus its service channels, especially for
electronic solutions (e-products) are re-engineered and strengthened for
greater effi ciency and effectiveness.
Zenith Bank has become a brand prized for its tremendous success in
e-banking, global credit guarantee status, niche marketing, cutting-edge
competitive advantage in a number of areas of fi nancial services, provisioning
and unwavering commitment to technological deployment in line with
international best practices. The bank’s competitive advantage as a fi nancial
powerhouse for value creation in Nigeria results from the combination of
people, talent, proprietary knowledge, strong brand equity, leadership,
integrity and excellent relationship management.
With over 350 branches, the bank has built on its successes to explore
opportunities beyond Nigeria. Consequently, four foreign subsidiaries have
been established: Zenith Bank (Ghana) Limited, Zenith Bank (UK) Limited,
Zenith Bank (Sierra Leone) Limited and Zenith Bank (Gambia) Limited. The
bank also operates representative offi ces in South Africa and China: Zenith
Bank (South Africa Rep Offi ce) and Zenith Bank (Beijing Rep Offi ce).
The bank maintains sound corporate governance culture in line with global
best practices. Its core values include service excellence, investment in
human capital development, superior asset quality and strong credit culture.
Zenith Bank has good and sustainable earnings, a strong capital base, and
is reputed for its professionalism and excellent community development
initiatives. The bank has become synonymous with excellence. Its impressive
growth pattern and performance, over the years, have earned Zenith Bank
excellent ratings from local and international agencies. Standard and Poor’s
recently affi rmed the bank’s ratings at B+/Stable/B. Fitch Ratings (2010
International) confi rmed the bank’s ratings at B+ on long-term foreign
currency Issuer Default Ratings (IDR).
The bank is confi dent it can sustain its superior performance and growth
trajectory in the years ahead by accentuating the positive disposition that
drives its determination to be a benchmark for the banking industry in Nigeria.
Godwin Emefi ele
Group Managing Director / Chief Executive Offi cer
...in your best interest
people
technology
service
www.zenithbank.com