National Economy
Saturday, September 13, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Companies & Markets

Zenith Bank Signs MoU To Establish Subsidiary In France

by Adejumoke Adeeso
2 years ago
in Companies & Markets
Reading Time: 2 mins read
Zenith Bank
Share on FacebookShare on TwitterShare on Telegram

Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the French Government to establish a subsidiary of Zenith Bank Plc in France.

The MoU, which was signed by the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, and the French Minister for Trade, Attractiveness and French Nationals Abroad, Mr. Olivier Becht on Friday, November 24, 2023, will enable Zenith Bank, through its wholly owned subsidiary, Zenith Bank (UK) Limited, to seek and secure the requisite regulatory approval from the Autorite’ de Controle Prudentiel et de Resolution (ACPR) to establish a strategic presence in France.

Speaking during the signing ceremony, the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, said, “It gives me great pleasure to welcome you to Nigeria and Zenith Bank. I am indeed very delighted about the signing of this MoU with France. For me, it is an honour to do this on behalf of the bank, and we look forward to securing the licence and starting operations in early 2024.” He thanked the French Ambassador to Nigeria, Emmanuelle Blatmann and her colleagues at the French Embassy in Nigeria for their efforts towards improving French-Nigerian business relations.

Also speaking during the ceremony, the French minister for trade, attractiveness and french nationals abroad, Mr. Olivier Becht, said, “I want to thank you very much for your decision to open a branch of Zenith Bank in Paris. We are thrilled to welcome in France Zenith Bank’s first office inside the European Union. For us, that’s a very good signal, and it is undoubtedly a demonstration of mutual confidence. No doubt also that your vision on international finance guided you to decide to open this branch and this decision in many respects can also be regarded as a milestone in French-Nigerian economic relations and an illustration of our friendship.” He noted that the government of President Macron had adopted a pro-business agenda in order to make France more attractive by undertaking several reforms in labour law, simplifying a lot of procedures and cutting business taxes, corporate taxes and production taxes by more than 25 billion Euros, adding that “we hope that the opening of the branch of Zenith Bank in France will also be an occasion to boost the French-Nigerian business in order to have more French companies investing in Nigeria and also to have more Nigerian companies investing in France.”

You May Like

Tech, Business Leaders To Dialogue On Africa Data Sovereignty

CardCentre, MTN Nigeria Partner On Sustainable SIM Cards

 

 

Tags: zenith bank
ShareTweetShare
Previous Post

‘35m Nigerians Likely to Face Extreme Poverty in 2025’

Next Post

First Bank Group Appoints Olukorede Adenewo As New MD/CEO Of First Bank UK

ANOTHER GOOD READ

Tech, Business Leaders To Dialogue On Africa Data Sovereignty
Companies & Markets

Tech, Business Leaders To Dialogue On Africa Data Sovereignty

5 days ago
CardCentre, MTN Nigeria Partner On Sustainable SIM Cards
Companies & Markets

CardCentre, MTN Nigeria Partner On Sustainable SIM Cards

5 days ago
Nigeria Slashes Oil Revenue Sharing Formula To Sustain Investment
Companies & Markets

Nigeria Slashes Oil Revenue Sharing Formula To Sustain Investment

5 days ago
Nigeria’s Oil & Gas Reforms Now Case Study For Africa – AEC
Companies & Markets

Nigeria’s Oil & Gas Reforms Now Case Study For Africa – AEC

2 weeks ago
Stock Market Gains N284bn Amid Renewed Optimism
Companies & Markets

Stock Market Gains N284bn Amid Renewed Optimism

2 weeks ago
Group Says PH Refinery Not NNPCL Priority
Companies & Markets

Group Says PH Refinery Not NNPCL Priority

3 weeks ago
Next Post
First Bank Group Appoints Olukorede Adenewo As New MD/CEO Of First Bank UK

First Bank Group Appoints Olukorede Adenewo As New MD/CEO Of First Bank UK

Most Recent

Kerojet Services Opens ICT Hub To Accelerate National Growth

Kerojet Services Opens ICT Hub To Accelerate National Growth

September 12, 2025

BBN S10: Ivatar Reveals Business Plans After Eviction

September 12, 2025
NAFDAC Confiscates ₦1.2bn Worth Of Fake Malaria Drugs In Lagos

NAFDAC Confiscates ₦1.2bn Worth Of Fake Malaria Drugs In Lagos

September 12, 2025
5 Facts About Assassination Of Trump’s Ally Charlie Kirk

5 Facts About Assassination Of Trump’s Ally Charlie Kirk

September 12, 2025
Britain Pledges Readiness For Key Economic Investments In Nigeria

Britain Pledges Readiness For Key Economic Investments In Nigeria

September 12, 2025
Russia Sanctions Spark Crude Battle Between India, Dangote Refinery

Dangote Refinery Begins Direct Petrol Supply Monday

September 12, 2025
Russia Sanctions Spark Crude Battle Between India, Dangote Refinery

Dangote Refinery Denies Anti-Labour Allegations By NUPENG

September 12, 2025
Ministries, Stakeholders Collaborate Towards Low Sulphur Fuels Transition

Ministries, Stakeholders Collaborate Towards Low Sulphur Fuels Transition

September 12, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy