Zenith Bank

Zenith Bank Plc Reports 24% Growth In Gross Earnings For 2022

Zenith Bank Plc Reports 24% Growth In Gross Earnings For 2022

Zenith Bank Plc, one of Africa’s leading financial institutions, recorded an impressive double-digit growth of 24 percent in gross earnings, its audited results for the year ending December 31, 2022, have shown. Despite facing ongoing challenges from the macroeconomic environment and headwinds, the bank’s gross earnings surged to ₦945.5billion (US$2.05billion) for the 2022 financial year from ₦765.6billion in the previous year, showcasing its resilience and strong performance. Commenting on the bank’s financial performance during an earnings call with stakeholders, the Group Managing Director/Chief Executive Officer (CEO) of Zenith Bank, Ebenezer Onyeagwu stated: “We are pleased with the bank’s performance in…
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Zenith Bank Remains Active Operator In Securities Market – SEC

Zenith Bank Remains Active Operator In Securities Market – SEC

The Securities and Exchange Commission (SEC) has confirmed Zenith Bank Ghana Limited’s request to voluntary withdraw as trustee from the Ghanaian Securities market. Confirming the move in a statement dated Tuesday, January 18, 2023, the commission said: “The SEC is hereby issuing this Public Notice to clarify that, as stated in the Public Notice referenced above, Zenith Bank Ghana Limited voluntarily requested to cease operations as a Trustee.” Although Zenith Bank Ghana Limited voluntarily ceased its Trustee services for Unit Trust Schemes in 2022, the Bank continues to hold a Custodian license issued by the SEC under the Securities Industry…
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