Zenith Bank (UK) Limited

Treasury Services

Managing liquidity, mitigating risk

Treasury Services
Our tailored service enables UK customers and customers with exposure to West Africa, to benefit from the bank's local currency expertise, help with the management of their payment needs, trade-finance-linked transactions and hedging arrangements against foreign exchange rate risks. 

Foreign Exchange
We can help corporate and personal customers trade major currencies cost-effectively and transparently as well as offering speedy and best execution in foreign exchange transactions.

Fixed Term Deposits
Depositors not only receive premium rates on their surplus funds, but also gain peace of mind knowing that they are dealing with a stable and financially strong, top-tier Nigerian financial institution. Zenith Bank (UK) Ltd quotes USD, GBP and EUR fixed deposit rates on a daily basis.

Non Deliverable Forward contracts (NDFs)
An option for hedging against foreign exchange rate risk in Nigeria and/or Ghana. We provide pricing and market updates on USD/NGN and USD/GHS non deliverable forward contracts for corporate customers.

Custody
To keep you informed of any relevant market and administrative changes, we provide transparent and straightforward security warehousing.

Accounts
Whether you are a first entrant or experienced investor, we arrange for tailor-made advisory and non-advisory custody accounts for both (Sub-Saharan Africa) Eurobonds and local Nigerian securities. In addition, we keep records up to date and monitor any potential compliance issues.

Mark Parlour
Head of Markets
+44 (0)20 7105 3970

Mike Cain
Funding
+44 (0)20 7105 3955

Nick Freitag
Foreign Exchange 
+44 (0)20 7105 3958

Robert Hagenaars
Fixed Income Trading
+44 (0) 207105 3984