WELCOME

Welcome to Kingmakers’ Banking Report website. The main aim behind the Banking Report is to judge the performance of Nigerian banks as they play a crucial role in our economy.

As a key component of the financial system, banks allocate funds from savers to borrowers in an efficient manner. They provide specialized financial services, which help to make the overall economy more efficient. When banks fail, their depositors and indeed, the Nigerian economy suffers.

The rankings for 2017 is our first ever compilation and looks at the performances of the banks during 2016. We used 6 different financial indicators to rank the banks and they include Assets Growth, Cost to Income Ratio, Equity Growth, Pre-Tax Profit Growth, Return on Assets and Return on Equity.

We sourced our data from the annual financial reports which are publicly available on the websites of the banks. By applying data analytic techniques to the data, we aim present deeper insights presented in a simple manner to enable people getting a clearer picture of how well the banks are performing in carrying out their duties not just to their investors but the society at large.