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Zenith BankNigeria
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Created on: 2020-10-29 15:12:04
Last update: 2020-11-20 17:11:57

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Zenith Bank's head office in Lagos, Nigeria. Photo: Kaizenify via Wikimedia Commons (CC BY SA 4.0)

About Zenith Bank

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.

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
Annual reports Annual report 2020
CSR report 2019
Ownership
listed on London Stock Exchange & Nigeria Stock Exchange

Zenith Bank's largest shareholder is Nigerian businessman and founder of Zenith Bank Jim Ovia (11.3%). The bank's complete shareholder structure can be accessed here.

Complaints and 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.

Policy Assessments

Banks and human rights

Human Rights Benchmark Africa 2021

BankLast update
Country
Score
Ranking
Details
Zenith Bank
NGA
5
Follower

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0
Nigeria
Score
5
Ranking
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

| |
Type:
Year:
blog
external news
our news

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
blog
external news
our news

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

2020-10-14 | The Nigerian Voice
blog
external news
our news

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

2020-02-21 | Business Insider

Documents

Type:
Year:
annual reports
2021-03-08 00:00:00

Annual report 2020

2021-03-08 00:00:00 | Zenith Bank
annual reports
2020-10-29 00:00:00

Annual report 2019

2020-10-29 00:00:00 | Zenith Bank
annual reports
2020-08-01 00:00:00

CSR report 2019

2020-08-01 00:00:00 | Zenith Bank
annual reports
2019-06-30 00:00:00

CSR report 2018

2019-06-30 00:00:00 | Zenith Bank
csr policies
2017-11-16 00:00:00

Zenith Bank Human Rights Policy 2016

2017-11-16 00:00:00 | Zenith Bank
csr policies
2016-06-06 00:00:00

Anti-money laundering questionnaire

2016-06-06 00:00:00 | Zenith Bank

Policies

Voluntary initiatives

Zenith Bank has committed itself to the following voluntary standards:
  • Global Reporting Initiative
  • Nigerian Sustainable Banking Principles

Investment policies

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

Year:
csr policies
2017-11-16 00:00:00

Zenith Bank Human Rights Policy 2016

2017-11-16 00:00:00 | Zenith Bank
csr policies
2016-06-06 00:00:00

Anti-money laundering questionnaire

2016-06-06 00:00:00 | Zenith Bank

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Year:
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