Zenith Bank

Zenith Bank is one of the leading financial institutions in Nigeria with a vision to become the leading Nigerian technology-driven, global financial institution that provides distinctive range of financial services by building the “zenith brand” into a reputable international financial institution recognized for innovation, superior performance, and creation of premium value for all stakeholders.

The bank operates 500 branches and business offices in all states of the federation, leveraging a workforce of 5,982 employees for its operations. Zenith Bank also has subsidiaries in Ghana, Zenith Bank (Ghana) Limited; Sierra Leone, Zenith Bank (Sierra Leone) Limited; Gambia, and Zenith Bank (Gambia) Limited. The bank also has representative office in The People’s Republic of China.

Zenith bank recognises that sustainable business growth and development cannot truly be achieved without overall development and has deployed policies and processes that enhance the social, economic and ecological wellbeing of the environment where it operates. The bank’s CSR initiatives, executed through a non-profit making organ known as Zenith Philanthropy, are focused on areas such as healthcare, education and skills development, poverty alleviation, infrastructure development, environmental sustainability, female and youth empowerment and the welfare of the physically challenged. Zenith Bank Plc currently has a shareholder base of about one million and is Nigeria’s biggest bank by tier-1 capital. In 2019, Zenith bank recorded a revenue of over 243 billion Naira in 2019. In the year under review, Zenith Bank’s total Corporate Social Responsibility (CSR) investment was NGN2.73 billion, representing 1.31 per cent of Profit After Tax (PAT).

2020 Highlights

Health:

In 2019, Zenith Bank’s health initiatives focused mainly on providing maternal healthcare and medical assistance to the underprivileged. Zenith bank, also, in the same year, invested about NGN345 million investment in medical interventions for low-income individuals faced with various life-threatening medical conditions, as well as support for various health initiatives complementing government’s efforts at improving life expectancy in the country. Some of the initiatives include the Private Sector Health Alliance of Nigeria, the O’Five Charity Initiative, provision of medical supplies to Iga-Idunganran Primary Healthcare Centre, etc.

Sports:

In 2019, the bank’s investments in sports development included title sponsorship of the Delta State Principal’s Cup; the Nigerian Football Federation (NFF); and the flagship Zenith National Women’s Basketball League in partnership with the Nigerian Basketball Federation (NBBF), a female empowerment initiative that has produced national and international basketball stars. Similarly, Zenith bank’s sponsorship of the Nigerian Football Federation (NFF) underscores their passion for the development of grassroots sports and the empowerment of future Nigerian football stars. Zenith bank’s total investments in sports in 2019 was about NGN238 million.