The operating results of the bank continue to show an impressive performance on all parameters. Total assets plus contingents grew by 78% from N714.51 billion as at the end of June 2006 to N1, 270.96 billion. Within the same period, gross earnings increased from N58.22 billion to N94.88 billion, representing a 62% growth while profit before tax also grew by 69% from N15.15 billion to N25.67 billion. Profit after tax for the same period rose by 63% from N11.49 billion to N18.77 billion.

Also impressive were the remarkable growth in shareholders funds from N100.4 billion in 2006 to N116.45 billion in 2007, indicating an increase of 16% and total deposit from N392.86 billion in 2006 to N634.49 billion in 2007 representing a 62%jump.

Zenith bank's core values include service excellence, investment in human capital development, superior asset quality and strong credit culture, good and sustainable earnings, strong capital base, professionalism and community development. The bank maintains sound corporate governance culture in line with global best practices.

This reflects in the bank's consistent impressive growth pattern and performance over the years which have earned Zenith Bank excellent ratings from local and international agencies.
Fitch currently rates Zenith Bank A+ (National) while Agusto & Co., Nigeria's foremost rating agency, has for seven consecutive years rated Zenith Bank Aaa saying "...the bank is a financial institution of impeccable financial condition and overwhelming capacity to meet obligations as and when they fall due".

Zenith Bank has maintained one of the best assets qualities in the banking industry as evident in the low ratio of non-performing loans to total loans of 1.79% as at 30th June, 2007.

Zenith bank's core values include service excellence, investment in human capital development, superior asset quality and strong credit culture, good and sustainable earnings, strong capital base, professionalism and community development. The bank maintains sound corporate governance culture in line with global best practices.

This reflects in the bank's consistent impressive growth pattern and performance over the years which have earned Zenith Bank excellent ratings from local and international agencies.
Fitch currently rates Zenith Bank A+ (National) while Agusto & Co., Nigeria's foremost rating agency, has for seven consecutive years rated Zenith Bank Aaa saying "...the bank is a financial institution of impeccable financial condition and overwhelming capacity to meet obligations as and when they fall due".

Zenith Bank has maintained one of the best assets qualities in the banking industry as evident in the low ratio of non-performing loans to total loans of 1.79% as at 30th June, 2007.

The Bank efficiently deploys a wide area network facility, which is seamlessly integrated through an associate company Cyberspace Network, that operates a 3.5GHZ Fixed Wireless Access licence providing a communication backbone for the Bank and its subsidiaries. This enables the bank provide efficient financial services including but not limited to:

• Corporate and Commercial Banking Services

• E-business Solutions including local and international card business

• Treasury and Cash Management Services

• Foreign Exchange and Trade Finance Services

• Funds/Assets Management

• Private Banking

• Investment Banking and Financial Advisory Services

The Bank also offers a wide range of specialised financial services through its subsidiaries, which include: :
Zenith Securities Limited - a securities trading and asset management company.
Zenith Capital Limited - provides a full range of investment banking services: including corporate finance & advisory; capital markets; asset management; sales & trading and principal investments.
Zenith Registrars Limited - share registration services.
Zenith General Insurance Company Limited - underwriting and risk management of general business.
Zenith Life Assurance Company - underwriting of group life, individual life and annuities.
Zenith Pensions Limited - a pensions custodian management company.
Zenith Trust Company Limited - a trusteeship services company.
Zenith Medicare Limited - a medical insurance company.
Zenith Bank (Ghana) Limited - a banking subsidiary.
Zenith Bank (Sierra Leone) Limited - a banking subsidiary.
Zenith Bank Representative Office (Johannesburg) South Africa - a banking subsidiary.

From inception, Zenith Bank clearly set out to differentiate itself in the banking industry through its service quality, drive for a unique customer experience and the calibre of its client base. Today, it is easily associated with the following attributes in the Nigerian banking industry :
• Innovation
• Best risk assets portfolio
• Consistent superior financial performance
• High quality personnel
• Leadership in the use of Information and Communication Technology (lCT)
• Consistent in raising the bar of competition, and
• Formidable marketing team

The overall vision of the bank is to make the Zenith brand a reputable international financial services network recognised for innovation, superior customer service and performance while creating premium value for all stakeholders.

The key strategies that will enable us deliver our vision are :
• To deliver superior and tailor-made service experience to all our customers at all times.

• Develop deeper and broader relationship with all clients and strive to understand their individual and industry peculiarities with a view to developing specific solutions for each segment of our customer base.

• Significantly expand our operations by adding various distribution channels and entering into new markets.

• Maintain our position as a leading service provider in Nigeria while expanding our operations internationally in West Africa and the financial capitals of the world.

• Strive to be a leading service provider in Nigeria by continuing to build on longstanding relationships, capabilities and the strength of our brand and reputation.

• Expand our business through the establishment of key subsidiaries for the provision of non-bank financial services to accentuate the service offerings and experience of our customers.

• Continually enhance our processes and systems platforms to deliver new capabilities and improve operational efficiencies and achieve economies of scale.