Top 10 Largest Banks In Nigeria 2017 – Zenith Bank Leads The List

The list for the Top 10 Largest Banks In Nigeria 2017 has been revealed. In this list, it shows that Zenith Bank PLC has toppled First Bank Nigeria as the largest bank in Nigeria. The estimate to ascertain the largest bank was carried out using the total assets of the banks. By this measure, Zenith Bank is currently the largest bank in Nigeria.

To avoid having a skewed view of the Top 10 Largest Banks In Nigeria 2017, the total liabilities of the banks were also considered. By this, a bigger and deeper analysis is made. Zenith and First banks has an estimated 4.2 trillion liabilities. However, Zenith Banks tops the list by having a total asset of 4.9 trillion while First Bank is pegged at 4.8 trillion.

These two banks are by far, the biggest and largest banks in Nigeria. The third bank in the ranking is United Bank for Africa, UBA, with a total asset of 3.6 trillion and a total liability figure of 3.2 trillion. It is however possible that First Bank can close the gap. We will keep you updated if there is any change in this.

Also See: Top Major Nigerian Banks, Websites & Assets

Top 10 Largest Banks In Nigeria 2017

Below is the list of the largest banks in Nigeria with their total assets and liabilities. See for yourself below.

Bank NameTotal Assets (Trillion)Total Liabilities (trillion).
Zenith Bank4.94.2
FBN Holdings4.84.2
United Bank for Africa3.63.2
Access Bank3.42.9
Guaranty Trust Bank3.22.6
Diamond Bank2.01.8
Sterling Bank830.8 billion745.1 billion
Unity Bank489.1 billion403.4 billion
WEMA Bank383.1 billion333.4 billion
JAIZ Bank60.6 billion42.3 billion
Stanbic IBTC1.0 billion912.7 billion

Stanbic IBTC Bank completes the list of the Top 10 Largest Banks In Nigeria 2017. It has a total of 1 billion assets and 912.7 billion liablities.

Also See: List of Nigerian Banks, Logos & Websites

Let’s hear your view on the Top 10 Largest Banks In Nigeria 2017. Do you think First Bank can turn it around before the year closes? Let’s hear from you. Thank you.

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