Zenith Bank Leads As 12 Commercial Banks Donate Over N41.8 Billion To Police, Women Other Charitable Projects [Video]
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Zenith Bank Leads As 12 Commercial Banks Donate Over N41.8 Billion To Police, Women Other Charitable Projects [Video]

  • Details of 12 commercial banks in the country’s corporate social responsibility activities in two years have been disclosed
  • The banks revealed this in their 2021 financials which show a whopping N41.8 billion for different philanthropic projects
  • From education, Police to women’s issues, the billions spent were for charity and non-political groups

12 commercial banks have disclosed that between 2020 and 2021 they have donated a combined total of N41.8 billion as part of corporate social responsibility.

According to the banks, N22.82 billion was donated in 2021 a 27.5 percent increase when compared to N17.8 billion donations made in the previous year.

The banks disclosed this in their full-year audited financials submitted to the Nigerian Exchange.

Ebenezer Onyeagwu, Group Managing Director/CEO of Zenith Bank Plc and Adesola Kazeem Adeduntan, Managing Director/Chief Executive Officer of First Bank of Nigeria.Credit: @Onyeagwu, @AdeduntanSource: Facebook

In the corporate world, companies are encouraged to contribute part of their revenues …

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