Buy custom Financial Analysis of Zenith bank 2007
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| Topic: |
Business
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| Number of pages / Number of words: |
17 / 4703 |
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It bagged Aaa ratings from both Agusto & Co (Nigeria's foremost rating agency, 1999-2007) and Pharez Composite Rating, AA- (2003-2004) & A(2007) by Fitch Rating, all extolling its second–to-none customer service delivery, excellent financial condition and uncompromising capacity to meet maturing obligations...
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The Bank received its commercial banking license on 20 June 1990 and commenced operations on 16 July 1990. On 21st April 2004, the shareholders of the Bank approved the subdivision of its shares from N1 to 50 kobo nominal value, conversion of the Bank to a public limited liability company (Plc) and a listing on the exchange via an Initial Public Offer (IPO)...
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