Zenith Bank introduce zero balance account opening feature

Zenith Bank Plc, the largest bank in Nigeria by tier-1 capital, says intending customers can now open an account with the bank with zero balance.

In a statement seen by TheCable, the bank said it is committed to growing its retail arm by giving it the same attention that allowed it to become an influential corporate banking player in the country.

“This is in line with the Bank’s strategic focus of extending its exceptional service offerings to everyone hence encouraging the drive for financial inclusion,” it said.

“Customers can now open a Zenith Bank account with a Zero Balance (N0.00) as opposed to its initial range of N50,000 – N250,000. This move highlights the bank’s ability to adapt to the changing needs of the financial environment.”

The bank said intending customers can open an account by dialling *966*0#.

The bank, which is Nigeria’s second-largest bank by assets, said it has introduced other features like *966# USSD EazyBanking, Social banking on Facebook.

The bank recently announced that it had appointed Ebenezer Onyeagwu as its new managing director and chief executive officer.

Onyeagwu will take over from Peter Amangbo, its current CEO whose tenure will expire on Friday, May 31.