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Nairaland Forum / Nairaland / General / Business / Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria (27072 Views)
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Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by streetfabulous: 10:05am On Aug 27, 2017 |
rodeo0070:Stanbic IBTC has assets in excess of 1trillion and not 1 billion. 1 billion is not even anyway near the capital requirements to operate a commercial bank in Nigeria. 5 Likes |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by Nobody: 10:07am On Aug 27, 2017 |
D same way they overtook in being the best bank to launder stolen funds abroad for Jona and friends during the locust years.......bastard bank 2 Likes |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by Nobody: 10:09am On Aug 27, 2017 |
Franco93:Where do y'all even get all these mumu stories from? This isn't the first time I'm seeing this mumu story. Shina Peters never built any 20-million naira house in 1990. Do you even have any idea how much 20 million naira was in 1990 (with inflation adjustment). How much was Shina Peters worth in 1990 that he'd build a house of 20 million naira The principle is clear but the story was made up. 10 Likes 1 Share |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by Narldon: 10:09am On Aug 27, 2017 |
canalily: Since you know my Facebook profile... Tell me my Birthdate... |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by frugal(m): 10:10am On Aug 27, 2017 |
OreoPaschal: That was an error. The liabilities' supposed to be in millions, not billions. 1 Like |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by Nobody: 10:10am On Aug 27, 2017 |
cristianisraeli:Are you minding them? |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by napoleon77(m): 10:16am On Aug 27, 2017 |
kittykollinxx: Wao. 1 Like |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by chukzyfcbb: 10:20am On Aug 27, 2017 |
You guys forget that Banks add loans as one of her asset. Who knows what percentage of the asset is covered by loans. Meanwhile I am more interested in Banks Liquidity ratio, so when trouble starts, I know who has the ability to manage it quickly. Some of those asset would be sold at a reduced sum if liquidated in times of need 3 Likes |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by sameni123(m): 10:25am On Aug 27, 2017 |
OreoPaschal: It's a policy of stanbic bank not to own assets outside South Africa ...so most of there branches are rented that's why they don't have much assets 2 Likes |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by canalily(m): 10:28am On Aug 27, 2017 |
Narldon:dearie, its nt a subject of funtion nd memory that i should have all my friends birthdate in memory. You pushed me off ur profile sometime ago. It was like a machine gun arguement after which u made the relationship turn nd taste sour since 2015 |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by usbcable(m): 10:40am On Aug 27, 2017 |
The OP gave a grossly innacurate information. And comments are hence wrong based on the OP feeding them wrong data. How will a commercial banks asset be 1 Billion. Even MFBs have more than that. Dang even some MFIs and mine lenders have more than that in total assets. Rubbish info being spread around |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by IamaNigerianGuy(m): 10:49am On Aug 27, 2017 |
rychard: Nailed it. 1 Like |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by OreoPaschal(m): 10:50am On Aug 27, 2017 |
sameni123:Okay... Thank you. |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by canalily(m): 10:53am On Aug 27, 2017 |
Narldon:besides if i tell u ur birthdate u wil stil stand to claim i didnt get, but yet i knw ur birthdate dear |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by r2beez(m): 10:53am On Aug 27, 2017 |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by r2beez(m): 10:55am On Aug 27, 2017 |
Celcius: Pls tell them but all the same it's worrisome that their total asset stood at 1.0bn why their liability 923bn How can dat be? A=L+E |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by Xtopherprince(m): 10:57am On Aug 27, 2017 |
rodeo0070: Speak English....... 1 Like 1 Share |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by Azeez532(m): 11:24am On Aug 27, 2017 |
Hehehe, where's Skype bank on the list |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by magicfingers009: 11:35am On Aug 27, 2017 |
This is the daftest post today. If I explain why it is daft, I probably would become stupid too. Franco93: |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by travelpoint: 11:37am On Aug 27, 2017 |
Young03:Ecobank - more broad base in West Africa than any other Nigerian banks |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by tall2ce(m): 11:37am On Aug 27, 2017 |
Sniper12:Some firms dey pay 37k sef some go give 25k sef. Lol |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by PRXPERT: 11:40am On Aug 27, 2017 |
[s] Allee90:[/s] You are writing rubbish! First bank is a known criminal infested bank, all the past leaders launder their ill gotten wealth. First bank was bequeathed by UK. Yet they still run on corruption. Unlike zenith bank,that is credible and trus.tworthy 3 Likes |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by Chibuking81(m): 11:55am On Aug 27, 2017 |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by Tommybrainz: 12:06pm On Aug 27, 2017 |
Sniper12: |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by badera: 12:19pm On Aug 27, 2017 |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by badera: 12:22pm On Aug 27, 2017 |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by Nobody: 12:26pm On Aug 27, 2017 |
I use both banks and GTB and it is only first bank I have found frustrating. Excellent services by all of them but for the theft and fraud being committed by first bank. Why would I be charged for card maintenance fee when there are months I don't even transact with the account. Obviously, they are loosing more customers. @ firstbank, If any of your team is viewing this thread, pls do something about that. Why would an account be debited monthly for several charges even as there was no transaction on/with the account that month. |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by DeLaRue: 12:32pm On Aug 27, 2017 |
There are many ways to calculate 'largest', 'biggest' bank. Largest by branch network (First Bank) Largest by net assets (Zenith?) Largest by stock market valuation (GTB) When financial experts (CNN Money, Bloomberg etc) talk of the 'biggest' bank in Nigeria, they say GTB. That's because it is the most valuable bank in the country. Despite having much fewer branches than First Bank, Zenith, UBA and probably Access, GTB makes more profit than any bank in Nigeria. Very impressive. 5 Likes |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by mykelly(m): 12:32pm On Aug 27, 2017 |
Dynamiceagle:read before making comments 1 Like |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by ashala(m): 12:36pm On Aug 27, 2017 |
Young03: Shut up |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by grandstar(m): 12:37pm On Aug 27, 2017 |
I opened an account in July. My deposit must have been the sum that made Zenith number 1. I know some people will say I'm lying but I won't argue. |
Re: Zenith Bank Overtakes First Bank As The Largest Bank In Nigeria by Chibuking81(m): 12:40pm On Aug 27, 2017 |
DeLaRue: https://www.thisdaylive.com/index.php/2017/07/04/zenith-fbn-gtbank-access-uba-diamond-among-top-1000-global-banks/ Zenith, FBN, GTbank, Access, UBA, Diamond among Top 1000 Global Banks July 4, 201703041 Obinna Chima Six Nigerian banks which included Zenith Plc, FirstBank Nigeria Limited, Guaranty Trust Bank Plc, Access Bank Plc, United Bank for Africa Plc and Diamond Bank Plc were ranked among The Banker Magazine’s Top 25 Banks in Africa that was released last night, in the magazine’s 2017 1000 Global Banks’ ranking. According to the ranking, Zenith Bank was placed first in Nigeria and 10th in Africa. The bank was also ranked as the 430th bank in the world. Zenith Bank was closely followed by FirstBank as the second largest bank in Nigeria, 12th in Africa and 567th in the world. GTBank was ranked the third in Nigeria, 13th in Africa and 588th in the world. Access Bank occupied the fourth position and was ranked 14th in Africa and 628th in the world, while UBA was placed fifth in Nigeria, 22nd in Africa and 832 in the global ranking. Diamond Bank was ranked sixth in Nigeria, 24th in Africa and 881 in the world. |
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