Nigerian banks are beginning to strongly hold their own among their international counterparts as 9 Nigerian banks have been named among the top 1000 global banks by the Banker Magazine in London.
The banks also rank among the top 25 banks in Africa and are: Zenith, Ecobank, First Bank, Gtbank, Access Bank, Diamond Bank, UBA, Fidelity and FCMB.
In a statement by the Banker Magazine, Zenith bank placed first among the Nigeria top banks in terms of tier 1 capital but 6th in Africa with a capital of 3.162 Billion Dollars. It was followed by Eco Transnational which is second in Nigeria and 7th in Africa with a capital base of 3.030 Billion Dollars while First Bank ranked 3rd in Nigeria and 10th in Africa with a capital of 2.327 Billion Dollars.
GTBank came 4th in Nigeria and 13th in Africa while Access Bank is 5th in Nigeria and 15th in Africa. Diamond is 6th in Nigeria and 17th in Africa, UBA ranked 7th in Nigeria and 17th in Africa while Fidelity ranked 8th in Nigeria and 21 in Africa. FCMB on its part was the 9th bank from Nigeria to make the top 25 banks in Africa.
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