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Zenith Bank Named Best Bank for Digital Solutions in Nigeria by Euromoney

by Ikenna Ngere
Zenith Bank stocks

In the Euromoney Awards for Excellence 2023, Zenith Bank Plc was recognised as the “Best Bank for Digital Solutions in Nigeria,” highlighting the bank’s exceptional and innovative accomplishments in providing state-of-the-art digital financial products.

Speaking on the recognition, the Group Managing Director/CEO of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, said, “We are delighted to receive the distinction as the Best Bank for Digital Solutions in Nigeria. This accolade serves as a validation of Zenith Bank’s trailblazing initiatives in integrating advanced technology within Nigeria’s financial services sector. Our commitment to expanding the horizons of digital financial services is unwavering, and we will persist in our efforts to innovate and deliver enhanced value to our customers and stakeholders.”

Dr. Onyeagwu presented the award to Jim Ovia, CFR, the founder and chairman of Zenith Bank Plc, for his innovative approach to incorporating technology into banking.

At a period when the promise of technology in banking had not yet reached its full potential, Ovia established a model for service delivery that is still exceptional today. “Technology now stands as the cornerstone of the financial services sector,” said Dr. Onyeagwu.

He expressed sincere gratitude to the bank’s customers for their steadfast support, the board for its direction, and the employees for their unshakable commitment to creating a strong financial institution.

The most sought-after accolades that are significant to the banks and bankers who matter are the Euromoney Awards for Excellence.

The awards, which were established in 1992 as the first of their kind, recognise excellence in the global banking industry, with this year’s edition receiving a record number of submissions from banks in the regional and country awards programme, which includes more than 50 regional awards and best bank awards from 100 countries.

Zenith Bank has distinguished itself in the Nigerian financial services business by providing exceptional service offerings, a unique customer experience, and sound financial metrics. The bank has remained a clear pioneer in the digital domain, deploying multiple firsts in introducing innovative products, solutions, and a variety of alternative channels that provide transaction simplicity, speed, and security.

The bank’s track record of excellent performance has earned the brand numerous awards, including being listed in the World Finance Top 100 Global Companies in 2023; being recognised as the Number One Bank in Nigeria by Tier-1 Capital, for the 14th consecutive year, in the 2023 Top 1000 World Banks Ranking published by The Banker Magazine; Best Commercial Bank, Nigeria, for three consecutive years from 2021 to 2023, in the World Finance Banking Awards; Best Corporate Governance Bank, Nigeria in the World Finance Corporate Governance Awards 2022 and 2023; Bank of the Year (Nigeria) in The Banker’s Bank of the Year Awards 2020 and 2022; Best Bank in Nigeria, for three consecutive years from 2020 to 2022, in the Global Finance World’s Best Banks Awards; Best in Corporate Governance’ Financial Services’ Africa, for four successive years from 2020 to 2023, by the Ethical Boardroom; Most Sustainable Bank, Nigeria in the International Banker 2023 Banking Awards; Best Commercial Bank, Nigeria and Best Innovation in Retail Banking, Nigeria in the International Banker 2022 Banking Awards.

Also, the bank emerged as the Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500 Banking Brands 2020 and 2021; Bank of the Year 2023 and Retail Bank of the Year for three consecutive years from 2020 to 2022, at the BusinessDay Banks and Other Financial Institutions (BAFI) Awards. Similarly, Zenith Bank was named Bank of the Decade (People’s Choice) at the ThisDay Awards 2020, Bank of the Year 2021 by Champion Newspaper, Bank of the Year 2022 by New Telegraph Newspaper, and Most Responsible Organisation in Africa 2021 by SERAS Awards.

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