Recruitment

Salary structure of Zenith Bank Plc

Zenith Bank Plc is one of the largest financial institutions in Nigeria with a reputation for excellent customer service and innovative banking products.

It is a bank that has remained relevant in the industry through the years despite the numerous challenges that have been encountered.

With over 500 branches and business outlets both within and outside Nigeria, Zenith Bank has continued to attract the brightest and the best talents in the industry.

In this article, we will discuss the salary structure of Zenith Bank according to ranks and how the bank operates.

We will also look at how one can be part of the institution and other important information that people need to know about the bank.

Salary Structure of Zenith Bank Plc

Zenith Bank Plc is known to be one of the best paying banks in Nigeria. Salaries are paid according to the level/rank of the employee.

The ranks at Zenith Bank Plc are divided into two broad categories:

The Officer Cadre and the Management.

The basic salary structure of Zenith Bank Plc according to ranks is as follows:

– Officer Cadre

• Trainee Staff: N44,000 – N62,000 per month
• Entry-level Staff: N126,000 – N160,000 per month
• Graduate Trainee Officer: N208,000 – N241,000 per month
• Banking Officer III: N249,000 – N310,000 per month
• Banking Officer II: N323,000 – N444,000 per month
• Banking Officer: N422,000 – N572,000 per month
• Senior Banking Officer: N573,000 – N961,000 per month

– Management Cadre

• Assistant Manager: N1,400,000 – N1,800,000 per annum
• Deputy Manager: N4,000,000 – N5,000,000 per annum
• Manager: N7,000,000 – N8,000,000 per annum
• Senior Manager: N12,000,000 – N13,000,000 per annum
• Assistant General Manager: N23,000,000 – N25,000,000 per annum
• Deputy General Manager: N35,000,000 – N45,000,000 per annum
• General Manager: N55,000,000 – N65,000,000 per annum.

Note that these figures are estimates and can vary depending on the level of experience and other factors.

How Zenith Bank Operates

Zenith Bank Plc operates a variety of banking services that cater to the needs of individuals, corporate bodies, and business organizations.

The bank operates in various sectors of the economy such as Retail, Corporate, Investment banking, and Trade services.

They offer various banking products such as savings and current accounts, loans, fixed deposits, investments, amongst others.

Other Important Information About Zenith Bank Plc

– The bank was established in May 1990
– It is a public limited company and is quoted on the Nigerian Stock Exchange (NSE)
– Zenith Bank Plc has over 7.5 million customers
– It is ranked the 6th biggest bank in Nigeria by total assets
– The bank has its headquarters in Lagos, Nigeria

FAQs

What are the entry-level requirements for Zenith Bank Plc?

To apply for an entry-level position, you need to possess a minimum of a Bachelor’s degree or its equivalent from a reputable institution, not below second class upper division, or a Master’s degree from any recognized institution.