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The Nigerian banking industry of the early 1990s was led by a select group of four major banks: Union Bank, First Bank, UBA, and Afribank. Foundation. In 1990 Jim Ovia founded Zenith bank plc to compete with the existing four major banks. Zenith Bank was established in May 1990 and commenced banking operations in July of the same year.
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Jim Ovia. Jim James Ovia CFR CON (born 4 November 1951) is a Nigerian businessman and author. He is known as the founder of Zenith Bank in 1990, which is now the country's most profitable bank. [1] [2] In 2018 Ovia published what he described as an "entrepreneurial manual", Africa Rise and Shine. [2] His memoir also tells about his early life ...
Founded in 1990, CalBank is a large financial services retail bank that serves the banking needs of large corporations, high net worth individuals, non-governmental organisations, regular customers and small and medium enterprises. As of December 2020, the bank's assets totaled GHS:7,924,586,000 (US$1.370 billion), with shareholders' equity of ...
In 2014, the Paragon Group of Companies PLC launched Paragon Bank which offers a range of internet-based savings accounts and a range of lending products. [6] In 2017, it changed its name to Paragon Banking Group PLC , as part of becoming a "fully integrated banking business".
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