Being one of the six largest banks in Africa with Shareholders Funds of N346 billion (US$3 billion); Zenith Bank remains the largest bank in Nigeria with Total Assets base of N2.5 trillion (US$21 billion) as at September 30, 2008. It is also Nigeria's most profitable financial institution with Profit After Tax of N51.9 billion (US$444 million).

Our superior performance was achieved as a result of the efforts of our highly motivated and committed workforce who are consistently focused on offering quality service that surpass customers' expectations. Most of the senior management team have worked and blended together for over a dozen years.

Technology:

When you make a cash withdrawal or deposit funds in any of your Zenith Bank accounts irrespective of which city your account is domiciled, your mobile phone beeps a few minutes later alerting you via SMS of such transaction. This innovation which was first deployed in Nigeria by Zenith Bank a few years ago, would soon become obsolete. The team of Zenith IT are inspired to deploy a superior technology in 2009 to serve the customers better.

At Zenith Bank, consistent investment and deployment in information technology is a deliberate strategic imperative. This gives the bank a superior competitive advantage.

Future Outlook:

We are confident about the future as we expect stable economic environment.

Jim Ovia
GROUP MD/CEO