Zenith Bank Plc has grown its total deposit by 15 per cent to N4.9tn from N4.3tn for the half year ended June 2020.
This is contained in the bank’s audited results presented to the Nigerian Stock Exchange on Thursday.
Gross earnings increase to N346bn, representing an increase of four per cent when compared with N332bn posted in the comparative period of 2019.
The bank also proposed an interim dividend of 30k per share for the period under review.
This was driven by a 41 per cent increase in retail deposits from N1.1tn to close at N1.6tn.
The result showed that non-interest income rose to N116bn from N110bn achieved in the corresponding period of 2019.
Its earnings per share also increased by 17 per cent to N3.30 in H1 2020 from N2.83 in H1 2019.
