Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital for
the sixteenth consecutive year, in the 2025 Top 1000 World Banks’ Rankings, published by The
Banker,FinancialTimesGroup,UnitedKingdom.ThisrankingplacesZenithBankPlcasthe
581st Bank globally, with a Tier-1 Capital of $2 billion.
The global rankings, published inthe July 2025 edition of TheBanker, was based on the 2024
year-end Tier-1capital ofbanks. Thisis theprimary basisformost internationalorganizations’
assessments of banks.
Commenting on this achievement, the Group Managing Director/CEO of Zenith Bank Plc, Dame
(Dr.) Adaora Umeoji, OON, said, “We are thrilled to have retained our position yet again as the
Number One Bank in Nigeria by Tier-1 capital for the 16th consecutive year. This achievement is
a reflection of the bank’s robust financial performance, prudent risk management and steadfast
dedication to delivering exceptional value to our customers and stakeholders”. She thanked the
Founder and Chairman, Jim Ovia, CFR, for his visionary and transformative leadership which has
playedapivotalroleincultivatingaresilientandthrivinginstitution.Shealsoexpressedher
deepest appreciation to the bank’s esteemed customers for their continued loyalty to the Zenith
brand, the Board for the sound corporate governance, and the staff for their relentless & tireless
efforts in ensuring the bank’s success.
Tier-1 Capital describes capital adequacy, the core measure of a bank’s financial strength from a
regulator’sperspective.Accordingtotheranking,Tier-1Capital,asdefinedbytheBankfor
International Settlements(BIS) guidelines,includes loss-absorbingcapital, i.e.,common stock,
disclosed reserves, retained earnings, and minority interests in the equity of subsidiaries that are
less than whollyowned. A strongTier-1 capital ratio boostsinvestor and depositorconfidence,
indicating the Bank is well-capitalised and financially stable.
Accordingtotheaudited financialresultsforthe2024financialyearpresented totheNigerian
Exchange (NGX), the Bank recorded a double-digit growth of 86% in gross earnings, increasing
from N2.13 trillion in 2023 to N3.97 trillion in 2024. This growth was driven by a 138% increase in
interest income, supported by investment in high-yield government securities, and growth in the
Bank’s loan book. Zenith Bank’s profit before tax (PBT) rose by 67%, reaching N1.3 trillion in 2024
from N796 billion in 2023. This performance saw the bank record an unprecedented total dividend
payout of N195.67 billion at N5.00 per ordinary share in the 2024 financial year.
Zenith Bank’s track record of excellent performance has continued to earn the brand numerous
awards including being recognised as the Bank of the Year (Nigeria) in The Banker’s Bank of the
Year Awards for 2020, 2022 and 2024; Best Bank in Nigeria from 2020 to 2022, 2024 and 2025,
in the Global Finance World’s Best Banks Awards; Best Bank for Digital Solutions in Nigeria in the
the sixteenth consecutive year, in the 2025 Top 1000 World Banks’ Rankings, published by TheBanker,FinancialTimesGroup,UnitedKingdom.ThisrankingplacesZenithBankPlcasthe581st Bank globally, with a Tier-1 Capital of $2 billion.The global rankings, published inthe July 2025 edition of TheBanker, was based on the 2024year-end Tier-1capital ofbanks. Thisis theprimary basisformost internationalorganizations’assessments of banks.Commenting on this achievement, the Group Managing Director/CEO of Zenith Bank Plc, Dame(Dr.) Adaora Umeoji, OON, said, “We are thrilled to have retained our position yet again as theNumber One Bank in Nigeria by Tier-1 capital for the 16th consecutive year. This achievement isa reflection of the bank’s robust financial performance, prudent risk management and steadfastdedication to delivering exceptional value to our customers and stakeholders”. She thanked theFounder and Chairman, Jim Ovia, CFR, for his visionary and transformative leadership which hasplayedapivotalroleincultivatingaresilientandthrivinginstitution.Shealsoexpressedherdeepest appreciation to the bank’s esteemed customers for their continued loyalty to the Zenithbrand, the Board for the sound corporate governance, and the staff for their relentless & tirelessefforts in ensuring the bank’s success.Tier-1 Capital describes capital adequacy, the core measure of a bank’s financial strength from aregulator’sperspective.Accordingtotheranking,Tier-1Capital,asdefinedbytheBankforInternational Settlements(BIS) guidelines,includes loss-absorbingcapital, i.e.,common stock,disclosed reserves, retained earnings, and minority interests in the equity of subsidiaries that areless than whollyowned. A strongTier-1 capital ratio boostsinvestor and depositorconfidence,indicating the Bank is well-capitalised and financially stable.Accordingtotheaudited financialresultsforthe2024financialyearpresented totheNigerianExchange (NGX), the Bank recorded a double-digit growth of 86% in gross earnings, increasingfrom N2.13 trillion in 2023 to N3.97 trillion in 2024. This growth was driven by a 138% increase ininterest income, supported by investment in high-yield government securities, and growth in theBank’s loan book. Zenith Bank’s profit before tax (PBT) rose by 67%, reaching N1.3 trillion in 2024from N796 billion in 2023. This performance saw the bank record an unprecedented total dividendpayout of N195.67 billion at N5.00 per ordinary share in the 2024 financial year.Zenith Bank’s track record of excellent performance has continued to earn the brand numerousawards including being recognised as the Bank of the Year (Nigeria) in The Banker’s Bank of theYear Awards for 2020, 2022 and 2024; Best Bank in Nigeria from 2020 to 2022, 2024 and 2025,in the Global Finance World’s Best Banks Awards; Best Bank for Digital Solutions in Nigeria in the
