June 5, 2015 IBOMLLC Team

Zenith Bank Enters Dubai Market In An Expansion Drive

Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

Peter Amangbo, the CEO at Zenith Bank, made the announcement of the bank’s intended move to set up shop in Dubai. A move currently geared to cater to the needs of the bank’s clientele dealing in trade and services industries.

At the World Economic Forum (WEF) Africa taking place in Cape Town, Amangbo in a sideline comment. Said, “We are in the process of finalizing the establishment of an office in Dubai. Dubai will be a subsidiary of Zenith Bank UK as the country will be a gateway into Asia.

Because the volume of business between Nigeria and many Asian countries has increased over time, we believe that Dubai would be a very good point to service our customers especially when it comes to trade and services.”

The Bank seems to be quite pleased with the biometric verification system serving Dubai’s financial sector, saying it open new avenues for the growth in the financial space.

Amangbo said, “The biometric verification number system itself as a project is a very loadable one and would be a very good foundation for Nigeria through which it can drive …read more

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