Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria (See Details)

at 07:53 PM, 27 Aug 17 (4 months ago)
(14115 | Hero) (f)

Zenith Bank Nigeria PLC appears to be flourishing despite the harsh economic realities in the country as it overtakes its competitors in size at the financial market.
Zenith Bank Nigeria PLC has just overtaken First Bank PLC as the largest bank in Nigeria.
 
The data is based on both bank’s financial reports which showed that Zenith Bank’s total asset base is now NGN4.9 trillion compared to FBN Holdings’ NGN 4.8 trillion total asset base.
 
As seen on this table, Zenith Bank took over the position with a slight margin and either of FBN Holdings or Zenith might take the lead at by the time they both disclose their financials for the third quarter of the year.
 
Looking at these data from another angle, Ecobank, registered as Eco Transnational Incorporated, ETI, is the largest financial services group in West Africa and not in Nigeria.
 
This is because of its asset base aggregates all the asset position of its pan-African spread and its other subsidiaries. The table also showed a list of their liabilities to further have a deeper view of things.
 
Note that there some bank’s asset were based on their last financial reports. This list will be updated from time to time as soon as all results are released.
Floyd29 at 10:39 PM, 27 Aug 17 (4 months ago)
(2175 | Gistmaniac) (f)
My bank will over take zenith soon
Reply
tegonwa at 10:45 PM, 27 Aug 17 (4 months ago)
(6314 | Gistmaniac) (m)
Dat One Na Dia Own Cup Of Kunu.Wetin Concern Me?I Dey Bury My Money For Ground.Nawaa O!
Reply
angesco at 08:25 AM, 28 Aug 17 (4 months ago)
(6116 | Gistmaniac) (f)
How does being the largest bank in Nigeria ADD VALUE to the DEVALUED NAIRA?Huh?Huh?Huh???
Reply
Tchukss at 09:00 AM, 28 Aug 17 (4 months ago)
(4 | Newbie) (m)
Just wasted my precious MB
Reply
ruthie at 06:02 PM, 31 Oct 17 (2 months ago)
(11064 | Hero) Online (f)
I DIDNT KNOW THIS
Reply

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