Zenith Bank Plc. (Zenith)

Country: Africa
Sector: Financials
Investment Type: Minority
Investment Date: 2011
Status: Realized
Exit Date: 2016
Fund: TRG Africa Fund
Zenith, established in 1990 by Jim Ovia, is a major bank in Nigeria that was listed on the Nigerian Stock Exchange (NSE) in 2004. The company’s business strategy is to focus on corporate banking, maintain a liquid balance sheet and minimize loan losses by lending to the global and large local corporates.