13 Nigerian Banks ranked in World's top 1000 Banks, Zenith leads in Nigeira

According to the The Banker’s magazine of the The Financial Times Group, Nigerian banks have reached a new height since the global financial crisis.

As a measure of the strength of Nigerian banks, 13 of the nation’s banking groups were listed among the top 1000 banks in the world

Africa has 31 banks in the Top 1000 World Banks 2014 with Nigeria having 13 representing 41.94 per cent.

The 31 African banks in the ranking are from nine countries: Nigeria, South Africa, Egypt, Angola, Gabon, Kenya, Mauritius, Morocco and Togo.

Nigeria has eight slots in the 25 top banks in Africa from the ranking, while United Bank for Africa is the only Nigerian bank in the top 10 highest movers on the continent.

The 13 Nigerian banks on Tier-1 capital basis, according to a statement are Zenith Bank, Guaranty Trust Bank, First Bank, Access Bank, United Bank for Africa, Fidelity Bank and Ecobank Nigeria.

Others are Skye Bank, First City Monument Bank, Diamond Bank, Stanbic IBTC Holdings, Standard Chartered Bank Nigeria and Union Bank of Nigeria.

Zenith Bank is ranked top in Nigeria at 293 as Guaranty Trust is on number 415, First Bank on number 424, Access Bank 532, United Bank for Africa ranked 539 and Fidelity 622.

 Is your bank among these top 13?