Who owns Zenith bank? Do you want to know? Well, read along to find out. Zenith Bank is a Nigerian multinational financial services provider. It is licensed as a commercial bank, by the Central Bank of Nigeria, the central bank and national banking regulator.
Zenith Bank is a large financial service provider in Nigeria and Anglophone West Africa. As at 31 December 2016, its total assets was N4,739,825 million with shareholders’ equity of N616,353 million. The shares of stock of the company are listed on the Nigeria Stock Exchange and the London Stock Exchange.
Zenith Bank History
Zenith bank was established in May 1990 and commenced banking operations in July of the same year. On June 17, 2004, following a successful Initial Public Offering (IPO), the bank became a public limited company. On 21 October 2004 its shares of stock were listed on the Nigeria Stock Exchange (NSE). The bank’s shares are traded on the London Stock Exchange (LSE) following a listing of the $850 million worth of its shares at $6.80 each, in 2013.
Zenith Bank Branch Network
Headquartered in Lagos, Nigeria, Zenith Bank Plc has more than 500 branches and business offices in all states of the federation and the Federal Capital Territory (FCT).
Zenith Bank Subsidiaries
Zenith Bank maintains subsidiaries in the United Kingdom, United Arab Emirates, Ghana, Sierra Leone and The Gambia. The Bank also has representative offices in South Africa and China.
Zenith Bank Owner
The owner of Zenith Bank Nigeria is one of Africa’s finest businessmen, Jim Ovia.