Zenith Bank Announces Delay In Releasing Of H1 2020 Audited Results

Zenith Bank Plc has announced the reason why the bank is yet to publish its Audited Financial Statements for the Half Year ended June 30, 2020.

Brandnewsday reports that the banking sector made this known in a statement made available to the Nigerian Stock Exchange (NSE), it stated that the board has approved the Audited Financial Statements. Adding that the bank is optimistic that the reports will be submitted to the Exchange on or before September 30, 2020.

According to the bank, we wish to notify The Nigerian Stock Exchange and The investing public of a slight delay in the release of the Audited half-year financial reports by the Bank.

READ: Zenith Bank Emerges Best Bank In Nigeria In The Global Finance Ranking

Zenith Bank Plc

The delay is to enable the bank to conclude all outstanding regulatory requirements in the course of approval of the financial statements.

Zenith Bank Plc is, however, optimistic that the reports will be submitted to the Exchange on or before September 30, 2020.

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In a similar vein, Zenith Bank Plc has emerged as the Best Bank in Nigeria in the recently published ranking by Global Finance Magazine World’s Best Banks Awards 2020.

Global Finance Magazine made this known in its May 2020 published edition. Added that the winning of the best bank in Nigeria was based on the performances of the banks in their respective regions and countries over the period from January 1 to December 31, 2019.

Global Finance’s “World’s Best Banks Awards” are recognized amongst the world’s most influential banking/finance and corporate professionals as the most coveted and credible awards in the banking industry, with winners chosen in more than 150 countries across Africa, Asia-Pacific, Central & Eastern Europe, Latin America, the Middle East, North America and Western Europe.

Founded in 1987, Global Finance regularly selects the top performers among banks and other providers of financial services and the awards have become a trusted standard of excellence for the global financial community.