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February 24, 2011updated 04 Apr 2017 1:08pm

Nigeria-based Zenith Bank upgrades banking system with Ethix

Nigerian Bank Zenith has gone live with its new financial solutions system, Ethix, by International Turnkey Solutions Zenith Bank has converted its banking system and is now deploying the Ethix solution in all its 317 branches. It targets a reduction in cost and risk management, as well as improved customer service and retention.

By Duygu Tavan

Nigerian Bank Zenith has gone live with its new financial solutions system, Ethix,  by International Turnkey Solutions.

Zenith Bank has converted its banking system and is now deploying the Ethix solution in all its 317 branches.

It targets a reduction in cost and risk management, as well as improved customer service and retention.

The bank said that the solution also enables it to roll out new products, although it did not provide details

Zenith Bank is one of the largest banks by assets in Nigeria.

It posted profit after tax of NGN31.1bn ($203m) for the nine months to 30 September 2010, an increase of 180% from the corresponding period a year ago.

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