Zenith Bank, one of Nigeria's largest banks, with a substantial ₦13.38 trillion in customer deposits, has unveiled plans to extend its operations to France. This move aligns with the global expansion trend observed among Nigerian banks, with First Bank, UBA, and Access Bank already venturing into other continents. The Group CEO, Ebenezer Onyeagwu, shared the exciting development at a recent event but provided limited details on the timeline for regulatory approvals for the France subsidiary. If approved, this strategic move would position Zenith Bank to cater to customers in one of the largest non-African trading partner regions. 🌍💼 The bank's current subsidiaries span across The Gambia, Ghana, Sierra Leone, the UK, UAE, and China, and the France expansion aligns with its objective to bolster cross-border marketing and solidify its presence in both commercial and retail segments. 🚀💳 In the earlier part of the year, Zenith Bank committed $1 million to the SMARTAfCFTA portal, part of its digital trade initiative under the African Continental Free Trade Area (AfCFTA). The bank's unaudited third-quarter financial results reflected an impressive 149% surge to ₦505 billion, showcasing its robust financial standing. 💰📈

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