Nigerian Banks' Total Assets Reach N220.6 Trillion, Reflecting Economic Improvement
Nigeria's nine largest banks, including Access Bank, UBA, and Zenith Bank, have collectively expanded their total assets to N220.6 trillion by the third quarter of 2025, up from N198.4 trillion in 2024. This growth is attributed to a substantial increase in customer deposits, reaching N141.72 trillion.
Access Bank leads in total assets, followed by Ecobank and Zenith Bank. Analysts view this as a positive sign for the nation's economy, indicating intrinsic improvement in the overall economic outlook.
David Adonri, Managing Director of Highcap Securities, highlighted the significance of the banks' strengthened balance sheets in line with economic development.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigerian Banks Declare N180.96 Trillion in Assets for H1 2025
Nigerian Banks' Deposits with CBN Hit Record High of N64.55 Trillion, Signaling Excess Liquidity
Nigeria's Top Banks See Growth in Total Assets, Ecobank Leads Ranking
Nigerian Banks Witness Varied Valuation Shifts Ahead of Recapitalization Deadline
Nigerian Banks' SDF Balances Plummet 42% Amid CBN's Aggressive Liquidity Mop-Up
Nigerian Banks Achieve Record Profits in 2025 Despite Economic Challenges
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
