Zenith Bank Strikes Deal with French Government To Establish Subsidiary 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, would enable Zenith Bank, through its wholly owned subsidiary, Zenith Bank (UK) Limited, seek and secure the requisite regulatory approval from the Autorite’ de Controle Prudentiel et de Resolution (ACPR) to establish a strategic presence in France.