Business News of Monday, 21 July 2025
Source: www.punchng.com
Zenith Bank Plc has been named Nigeria’s Best bank at the 2025 Euromoney Awards for Excellence, which is the biggest and most coveted country award.
According to the bank, the award, which was presented to it on Thursday in London, is a testament to its commitment to delivering exceptional banking services, innovative products, and superior value to its customers and shareholders.
Euromoney’s Awards for Excellence are one of the most highly coveted awards to banks and bankers who matter. The annual Awards for Excellence celebrate financial institutions that demonstrate leadership, innovation, and resilience in their markets, with this year’s edition seeing a record number of over 770 entries from world-class financial institutions, including HSBC, Morgan Stanley, Citibank, Barclays, Standard Bank, and Development Bank of Singapore, among others.
Commenting on the award, the Group Managing Director/Chief Executive of Zenith Bank Plc, Dr. Adaora Umeoji, said, “We are absolutely thrilled to be recognised as Nigeria’s Best Bank by Euromoney. This award is not just a testament to our relentless pursuit of excellence but also a validation of the unwavering trust and confidence our customers have placed in us. We are once again reminded that our success is not just about us, but about the impact we continue to have on the financial ecosystem. We will continue to work tirelessly to support the growth and development of our economy and uphold the highest standards of governance, integrity, and transparency that have earned us this recognition.”
She went on to dedicate the award to Zenith Bank’s customers across the globe for their loyalty and to the founder and Chairman, Jim Ovia, for his visionary leadership and commitment to excellence, which formed the foundation for the bank’s successes. She also thanked the Board for its guidance, as well as the staff members for their unwavering dedication to building a formidable and best-in-class global financial institution that will outlive generations.
Zenith Bank was recognised as the Number One Bank in Nigeria by Tier-1 Capital for the sixteenth consecutive year in the 2025 Top 1000 World Banks Ranking, published by The Banker. The bank was also awarded 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 and 2024 to 2025 in the Global Finance World’s Best Banks Awards; Best Bank for Digital Solutions in Nigeria in the Euromoney Awards 2023; and was listed in the World Finance Top 100 Global Companies in 2023.