Tag Archives: GTBank

Guaranty Trust Bank Plc has reported a profit before tax of N215.6bn in the year ended December 31, 2018.

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Guaranty Trust Bank (GTBank) plans to use some of its cash deposits to help grow its loan book by 10 per cent by the end of the year after credit declined in the first half, the bank said yesterday. The bank expects to boost loans to compensate for a drop in yields from treasury investments. The chief executive, GTBank, Mr. …

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Guaranty Trust Bank Plc Wednesday August 8, 2018 released its audited financial results for the half year ended June 30, 2018, showing positive performance across all financial indices. The board of directors of the bank also recommended an interim dividend of N8.8 billion, which translates to 30 kobo per share. GTBank posted gross earnings of N226.6 billion, showing an increase …

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Nigeria’s tier one banks, the United Bank for Africa Plc (UBA), Guaranty Trust Bank Plc (GTBank), Zenith Bank Plc, First Bank of Nigeria Limited and Access Bank Plc have been listed among African lenders, including Ecobank Transnational Inc, according to The Banker magazine’s 2018 1000 global banks ranking. A statement by The Banker magazine on Monday said Africa’s economic fortunes improved …

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The Guaranty Trust Bank (GTB) has reacted to statements it has identified as unfavourable making the rounds especially on the social media about the bank. The bank in a statement issued on Monday June 11 reads in part that, “The attention of Guaranty Trust Bank Plc (“the Bank”) has been drawn to false, mischievous and malicious statements circulating in the …

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Guaranty Trust Bank (GTB) Plc has posted a profit of N125.58 billion for the third quarter ended September 30, 2017. This is contained in the bank’s filling at the Nigerian Stock Exchange NSE on Wednesday. The report showed that the profit represented a growth of N8.49 billion or 7.21 per cent as against N117.08 billion achieved in the corresponding period …

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Guaranty Trust Bank (GTB) has appologised to its numerous customers over difficulties experienced on various transactions yesterday. The bank in a statement officially appeased its customers stating that it has since restored normal operations. In a release made available to National Wire on Thursday, the bank explained what actually happened which also dispelled rumour making the rounds suggesting the bank …

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Against the backdrop of shareholders of Guaranty Trust Bank Plc receiving 30 kobo dividend that was declared on Tuesday, the board of directors of the bank has disclosed that it received a total of 7,181 complaints on various issues from its customers for the period ended June 30, 2017. The Central Bank of Nigeria (CBN) guidelines on resolution of customers’ …

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Foremost African financial institution; Guaranty Trust Bank plc reaffirmed its position as a leading global brand with its recent recognition as ‘Nigeria’s Best Bank & Africa’s Best Bank for SMEs’ during the 2017 Euromoney Awards which held in London on Thursday, July 06, 2017 at the prestigious Tower of London. Now in its 26th year, the Euromoney Awards for Excellence covers more than …

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Nigeria’s economy may be in a difficult period, but with digitalisation at the core of the national banking strategy, financial inclusion has been given room to grow. “There are so many people in Africa that are outside the banking system”, said Segun Agbaje, Managing Director and CEO of Guaranty Trust Bank (GTBank), one of the continent’s leading financial institutions. “For …

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