Two Nigerian tier 1 banks- Guaranty Trust Bank (GTBank) Plc and Zenith Bank International Plc, have become too cheap to ignore by any value-minded investor. The comparative analysis between Guaranty Trust Bank (GTBank) and Zenith Bank Plc reveals that both financial institutions are consistent with their tradition of good performance and rewarding investors. Just 25 years after they were established, ...
November, 2016
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14 November
Zenith Bank beats analysts’ expectation with Q3 Report
Foreign currency revaluation gain has spurred Zenith Bank to growth as the Nigeria’s second largest lender by market value recorded a double digit growth in profit to beat analysts’ expectation. Analysts say Zenith Bank is better placed to attract investors due to its reputation for strong risk management, strong capital base and its ability to use technology for transformation. Now,Market ...
March, 2016
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22 March
Zenith Bank Basketball League: Benue Princess Beat Coal City Queens 73-39 For Second Win
Benue Princess on Monday thrashed Coal City Queens of Enugu 73-39 to record their second win in the Phase One of the 12th Zenith Bank National Women Basketball League. The Makurdi-based side had in their opening game on Saturday defeated Taraba Hurricanes of Jalingo 56-17 and lost 38-43 on Sunday to Plateau Rocks of Jos. The Group B match, played ...
March, 2015
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6 March
Cheers As Zenith Bank 2014 Report Outperform Expectations
Zenith Bank Plc has released its audited results for the 2014 financial year, declaring an 8.3 per cent increase in profit before tax. The results, published by the Nigerian Stock Exchange on Thursday, showed that the group’s PBT rose from N110.597bn to N119.796bn in the review period, while its profit after tax edged up by 4.3 per cent to N99.455bn ...
February, 2015
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27 February
Zenith Bank MD, Amangbo Excited Over Asset Quality Rating
Peter Amangbo of Zenith Bank has expressed delight over the performance of the bank and the way Customers are getting attracted. Within the context of the Nigerian operating environment, a total of seven Deposit Money Banks (DMBs) have been rated high in asset quality. The banks are: Zenith Bank, Guaranty Trust Bank (GTB), First Bank Nigeria (FBN) Plc, United Bank for ...