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.
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 Name||Total Assets (Trillion)||Total Liabilities (trillion).|
|United Bank for Africa||3.6||3.2|
|Guaranty Trust Bank||3.2||2.6|
|Sterling Bank||830.8 billion||745.1 billion|
|Unity Bank||489.1 billion||403.4 billion|
|WEMA Bank||383.1 billion||333.4 billion|
|JAIZ Bank||60.6 billion||42.3 billion|
|Stanbic IBTC||1.0 billion||912.7 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.
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.