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ZENITH BANK’S BOARD APPROVES 2020 FINANCIAL RESULTS AND FINAL DIVIDEND

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Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2020 with with a Profit Before Tax (PBT) of N177 billion, representing a 1% growth over the ₦176 billion posted in the same period in the previous year. This performance demonstrates the Group’s resilience against the backdrop of a challenging macro-economic environment brought about by the Coronavirus (COVID-19) pandemic. 

 

The Board of Directors of Zenith Bank Plc has approved the Group Audited Consolidated & Separate Financial Statements for the year ended December 31, 2020 and the payment of a final dividend, subject to the approval of the Central Bank of Nigeria (CBN).

 

This was disclosed in a statement by the bank to the Nigerian Stock Exchange.

 

According to the statement, signed by Micheal Osilama Otu, Company Secretary/General Counsel, the Board considered and approved the results at its meeting held on Thursday, January 28, 2021.

 

The bank also noted that the Nigerian Stock Exchange as well as the investing public would be notified upon receipt of the approval of the Central Bank of Nigeria (CBN) of the Group Audited Consolidated & Separate Financial Statements for the year ended December 31, 2020.

 

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