First Bank, GTBank, Zenith bank and UBA Rank top 500 banking brands in the world 2016

According to the 2016 Top 500 banking brands
ranking published in the February edition of The
Banker magazine of Financial Times Group in
conjunction with Brand Finance, London, United
Kingdom, First Bank of Nigeria is in 320th
position out of 500 top banks in the world in
2016.
It has moved up from it's former position
of 336th from last year.
First Bank of Nigeria Limited retained its
number one banking brand ranking in Nigeria
for the fifth consecutive year in the global
ranking of banks by The Banker magazine.
A press release from the Country
Representative of The Banker magazine in
Nigeria, Kunle Ogedengbe, added that three
other Nigerian banks also made the ranking of
the top 500 banks in the World.
First Bank of Nigeria is in 320th position out of
500 top banks in the world in 2016
Guaranty Trust Bank is 389th in the world from
417th in 2015
Zenith Bank dropped from 392nd in the world in
2016
United Bank for Africa is in the 447th position.
Of the five countries in Africa that made the
ranking, Nigeria has the highest brand value
increase of $249 million.
Egypt moved up by $239 million
Togo gained $134 million while South Africa
and Morocco lost $878 million and $213 million
respectively.
Globally, Wells Fargo of the United States of
America retained the number one banking brand
in the world for the fourth consecutive year with
a brand value $44.1 billion for 2016