Six Nigerian banks were ranked among The Banker Magazine’s Top 25 Banks in Africa that was released recently, in the magazine’s 2017 100...
Six Nigerian banks were ranked among The Banker Magazine’s Top 25 Banks in Africa that was released recently, in the magazine’s 2017 1000 Global Banks’ ranking.
The banks includes, Zenith Plc, FirstBank Nigeria Limited, Guaranty Trust Bank Plc, Access Bank Plc, United Bank for Africa Plc and Diamond Bank Plc
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 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.
According to The Banker, Africa’s leading economies faced adverse conditions over the 2016 review period, as low commodity prices continue to shake the continent’s growth trajectory.
//
