Climbing 29 spots from 415 in 2019 to 386 in the 2020 global ranking of banks,
The ranking, which was published in the
According to the Ranking Report,
Mr Ebenezer Onyeagwu, the bank's Group Managing Director/Chief Executive, said the ranking had attested to the bank's market leadership.
Onyeagwu said the ranking was the outcome of a well-thought-out strategy of always delighting and creating value for its teeming customers through a broad range of superior product offerings, best-in-class service and top-of-the-range technology.
'Tier-one capital describes the capital adequacy of a bank and it is the core measure of a bank's financial strength from a regulator's point of view,' he stated.
Onyeagwu noted that the bank had clearly distinguished itself in the Nigerian financial services industry through superior quality service, unique customer experience and sound financial indices.
'The bank, with a knack for setting the pace and raising benchmarks, is a clear leader in the digital space with several firsts in the deployment of innovative products, solutions and an assortment of alternative channels,' he said.
The bank, as a testament for its resilience and market leadership, announced a profit after tax of N208.8 billion for the financial year ended
It also, for the first quarter ended
The awards, published in the
© Pakistan Press International, source