Zenith Bank Sees 0.3% Pretax Profit Growth for 2016

Zenith Bank expects pretax profit of 126 billion naira ($633.2 million) this year, a marginal 0.3 percent increase from 125.6 billion naira last year, Reuters reports.

The top tier lender said it expects loan growth of 5-10 percent this year, down from 15.6 percent in 2015.