Zenith Bank Plc has retained its position as the top Tier‑1 capital bank in Nigeria for the 16th consecutive year, according to the July 2025 edition of The Banker magazine (Financial Times Group). It ranks 581st globally, with a Tier‑1 capital of USD 2 billion.
This ranking is based on banks’ Tier‑1 capital as of the end of 2024. Tier‑1 capital includes equity features like common stock, disclosed reserves, retained earnings, and certain subsidiary interests, under Basel regulations.
READ ALSO: Zenith Bank Halts Dividends, Bonuses Amid CBN’s New Capital Directive
The Group MD/CEO, Adaora Umeoji, attributed the achievement to Zenith Bank’s strong financial performance, prudent risk management, and consistent value delivered to stakeholders. She also credited the bank’s founder, Jim Ovia, the board, staff, and customers.
Key figures from the 2024 financials:
-
Tier‑1 capital: USD 2 bn
-
Global ranking: 581st
-
Gross earnings up 86% (₦2.13 tn → ₦3.97 tn)
-
Profit before tax rose 67% (₦796 bn → ₦1.3 tn)
-
Dividend payout: ₦195.67 bn (₦5.00/share)
