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Universal Merchant Bank Limited; Zenith Bank (Ghana) Limited, part of Zenith Bank Group; See also. Economy of Ghana; List of banks in Africa; References External ...
45.4 Branches of foreign banks. 45.5 ... Zenith Bank [40] Ghana. Central bank ... Absa Bank Ghana (formerly Barclays Bank of Ghana Limited) Access Bank plc ...
Zenith Bank was established in May 1990 and commenced banking operations in July of the same year. At inception, it had a capital base of $4 million. It began operations during a period of government liberalization of the banking sector when the central bank granted up to twenty banking licenses a year to investors.
The market was planned and built by city engineers to form the nucleus of trading for the new Takoradi city. The city became bustling after the building of the Takoradi Harbour, which served as a major export centre because of high export activity, many people migrated to the city for employment and this increase warranted the setting up the market.
The bank's headquarters is situated in the capital city of Ghana, Accra.It operates through various branches and subsidiary entities across multiple locations: [2] Head office - Located at the SSNIT Emporium Building on Liberation Road, Airport City, Accra
First Bank Nigeria Ltd, part of First Bank of Nigeria Group; First City Monument Bank Plc; Globus Bank Ltd; Guaranty Trust Bank Plc, part of GTCO Group; Keystone Bank Ltd; Nova Commercial Bank Ltd; Optimus Bank; Parallex Bank Ltd; Polaris Bank Plc; Premium Trust Bank; Providus Bank Ltd; Signature Bank Ltd; Stanbic IBTC Bank Plc
According to its website, the bank is the 5th largest commercial bank in Ghana by assets, as of December 2011. [9] As of December 2010, the bank's total assets were valued at approximately US$423.4 million (GHS:685.9 million), with shareholders' equity of approximately US$71.9 million (GHS:116.2+ million). [10]
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