When you want a bank that has a deep understanding of doing business in Africa and a substantial presence within the continent’s markets, talk to us.
Zenith Bank (UK) Limited is the UK subsidiary of Zenith Bank Plc. Licensed in March 2007, Zenith Bank (UK) was the first Nigerian bank to be authorised by the UK regulator in 25 years.
In October 2015 Zenith Bank (UK) Limited were the first Nigerian Bank to be granted Branch License status by the Dubai Financial Services Authority (DFSA) and now has an office within the Dubai International Financial Centre. This enables us to provide a gateway for Trade and Investment between Sub-Saharan Africa and Asia.
Zenith Bank (UK) offers an array of products and services to meet your banking requirements, in addition to having the ability to develop bespoke solutions tailored to your specific needs.
Zenith Bank (UK) provides clients with solutions and services to assist with business opportunities relating to Trade and Investment flows between Africa and the rest of the world, with the main focus on regions with established Zenith Group presence.
Products offered include:
Facilitating business with Africa
Zenith Bank (UK) provides its customers with niche expertise and an exceptional service, whilst acting as the international hub for the Zenith Bank Group and its customers.
The team at Zenith Bank (UK) is comprised of staff who have both international and local market expertise, with customer focus at the heart of our values, we always aim to offer exceptional service to our customers.
Zenith Bank UK provides clients with solutions and services to assist with business opportunities relating to Trade and Investment flows between Africa and the rest of the world, with the main focus on regions with established Zenith Group presence.
Zenith Bank (UK) offers an extensive range of Account Services, Trade Finance, Lending, Payments and Treasury products and services to African and International corporates and banks based in the UK and globally and trading with and investing in West African countries. The Bank also participates in Trade and Project financing.
Our Treasury team prides itself on providing excellent service and competitive pricing across Foreign Exchange, Fixed Income and Money Markets. We have a particular focus on African Markets and the Bank has established a niche position in Sub-Saharan Africa Eurobonds. In addition, the Bank’s treasury department also provides tailored hedging, investment and global custody solutions to meet the needs of Zenith’s clients and counter parties.
Trade Finance is at the core of our business offering
At the heart of Zenith UK’s operation is the Trade Finance business. As a customer you can benefit from the expertise of our experienced trade specialists based in the UK with specific knowledge of Nigeria, Ghana and other West African countries.
From traditional trade products to bespoke finance solutions, Zenith Bank UK can assist with your import and export requirements. When working with Zenith Bank UK you can be confident that you will receive an excellent personal service and your trade transactions will be executed in an efficient and timely manner.
Staffed with highly experienced personnel the team handles large volumes of import and export Letters of Credit originating from Zenith Bank Plc and other correspondent banks in Nigeria and Ghana.
The business prides itself on the rapid turnaround of incoming letters of credit and the prompt handling and payment of shipping documents providing a responsive and courteous service to beneficiaries.
Zenith UK enjoys its own correspondent relationships with leading international banks and can call on them to support transactions when required.
The Bank’s exporting and contracting clients requiring contract guarantees will find assistance and expertise in depth, to ensure tender, performance and advance payment bonds are correctly worded and promptly issued.
Our trade finance team is available to provide advice and guidance on all aspects of letters of credit and guarantees as well as specific information on trading with Nigeria.
Zenith UK also has a branch in Dubai which offers a document checking service to our Dubai Beneficiaries where they have received letters of credit advised through Zenith Bank. Documents may be presented at our counter in Dubai, where we endeavor to check them within 48 hours.
Benefits of this will include quick turnaround of documents, discrepancies noted will be advised immediately to Beneficiary, compliant documents forwarded to the issuing bank to enable release of goods thus avoiding demurrage.
Zenith Bank (UK) Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.