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Home › Banks ›
Bank
Zenith BankNigeria

Active

This profile is actively maintained
Last update: 2022-11-08 11:46:29
Zenith Bank's head office in Lagos, Nigeria. Photo: Kaizenify via Wikimedia Commons (CC BY SA 4.0)

Active

This profile is actively maintained
Last update: 2022-11-08 11:46:29
About
Website http://www.zenithbank.com
Headquarters
Plot 84 Ajose Adeogun Street, Victoria Island
Lagos
Nigeria
CEO/chair Ebenezer Onyeagwu
CEO
Supervisor
Central Bank of Nigeria
Ownership
listed on London Stock Exchange & Nigeria Stock Exchange

Zenith Bank's largest shareholder is Nigerian businessman and founder of Zenith Bank Jim Ovia (11.29%). The bank's complete shareholder structure can be accessed here.

Zenith Bank is a large financial service provider in Nigeria and West Africa, established in 1990. In 2004 following an IPO it became a public limited company. The bank has equity investments in Zenith Custodian, Zenith Securities and Zenith General Insurance. Zenith Bank maintains subsidiaries in the United Kingdom, United Arab Emirates, Ghana, Sierra Leone and Gambia and has an office in China.

Sustainability
Policies
Voluntary standards

Links

Corporate responsibilities

Zenith Bank's webpage on corporate social responsibility can be accessed here. The bank does not have publicly available investment policies.

2016-06-06 00:00:00

Anti-money laundering questionnaire

Bank policy
2016-06-06 00:00:00 | Zenith Bank
2016-05-31 00:00:00

Human Rights Policy

Bank policy
2016-05-31 00:00:00 | Zenith Bank
Zenith Bank has committed itself to the following voluntary standards:
Global Reporting InitiativeTags: sustainable development | human rights
Nigerian Sustainable Banking PrinciplesTags: corporate social responsibility | sustainable development
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
United Nations Global CompactTags: United Nations | human rights
Campaigns

Banks and Human Rights

BankTrack assessed Zenith Bank in its 2021 Human Rights Benchmark Africa, where it achieved 5 points out of 14 and was ranked as a 'follower'. More information is detailed in the "Accountability" section of this profile.

Human Rights Benchmark Africa 2021

BankLast update
Country
Score
Ranking
Details
Zenith Bank
NGA
5
Follower
0
Nigeria
Score
Follower
5
Explanation

Zenith Bank's human rights policies, processes and reporting were assessed as part of the Human Rights Benchmark Africa 2021. The bank is assessed as a Follower, with a total score of 5 out of 14.

Policy: 2.5/3
Due dilligence: 1/5
Reporting: 0.5/3
Remedy: 1/3

Explanation
Laggard
Follower
Front runner
Leader
0 - 3.5 points
4 - 5.5 points
6 - 8.5 points
9 - 14 points
For more details see this page.
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

NGOs reveal top international companies, banks, and investors that fuel Russia's war machine

2022-04-04 | Berlin | urgewald, Ecodefense
Blog
BankTrack news BankTrack blog Partner news Partner blog

African banks responsive on human rights but most lack basic policies, finds new benchmark

Nigeria’s Zenith leads after publishing previously unavailable policies; state-owned National Bank of Egypt comes in last place with no points
2021-03-29 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

How Zenith Bank Laundered Multi-billions For Ex-governor - Prosecution Witness

2020-10-14 | The Nigerian Voice
BankTrack news BankTrack blog Partner news Partner blog

Zenith Bank Plc fined N21 million fine for violating banking regulations in 2019

2020-02-21 | Business Insider
Resources
Documents
2022-08-09 00:00:00

CSR report 2021

Annual report
2022-08-09 00:00:00 | Zenith Bank
2022-06-14 00:00:00

Annual report 2021

Annual report
2022-06-14 00:00:00 | Zenith Bank
2021-06-15 00:00:00

CSR Report 2020

Annual report
2021-06-15 00:00:00 | Zenith Bank
2021-03-08 00:00:00

Annual report 2020

Annual report
2021-03-08 00:00:00 | Zenith Bank
2020-10-29 00:00:00

Annual report 2019

Annual report
2020-10-29 00:00:00 | Zenith Bank
2020-08-01 00:00:00

CSR report 2019

Annual report
2020-08-01 00:00:00 | Zenith Bank
2020-07-14 00:00:00

Banking industry: the journey so far

A review of the Nigerian Sustainable Banking Principles
Bank document
2020-07-14 00:00:00 | Bankers Committee, Central Bank of Nigeria
2019-06-30 00:00:00

CSR report 2018

Annual report
2019-06-30 00:00:00 | Zenith Bank
2016-06-06 00:00:00

Anti-money laundering questionnaire

Bank policy
2016-06-06 00:00:00 | Zenith Bank
2016-05-31 00:00:00

Human Rights Policy

Bank policy
2016-05-31 00:00:00 | Zenith Bank
Accountability
Grievances

Zenith Bank's 2017 Whistleblowing Policy states that stakeholders can raise grievances via whistleblow@zenithbank.com or call +234-1-2928888 or +234-1-278-8888. Its Human Rights Policy states that human rights grievances from all stakeholders can be addressed via this channel.

This page evaluates Zenith Bank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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