Guaranty Trust Bank Plc on Wednesday announced its audited results for the financial year ended Dec. 31, 2018 on the Nigerian and London Stock Exchanges. Land Use Charge: Mr. Gbenga Adeyinka, popular Nigerian comedian and Lagos property owner (right) being presented with his Land Use Charge receipt by the Branch Manager, Guaranty Trust Bank (GTB), […]
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Guaranty Trust Bank Plc, GTBank, has won the award for ‘Bank of the Year Nigeria,’ for the second year in a row. The bank won the award at The Banker’s Bank of the Year Awards. GTBank Sierra Leone Limited, a subsidiary of GTBank was also recognised as the ‘Bank of the Year Sierra Leone’ at […]
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The Nigerian equities market opened the week on a bullish note as investors continued to react positively to nine month corporate earnings of companies. Gains by 17 stocks, including market leader, Dangote Cement Plc, Zenith Bank Plc, Guaranty Trust Bank Plc and Stanbic IBTC Holdings Plc, lifted the market capitalisation by ₦105 billion to ₦12.119 […]
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United Bank for Africa Plc and Guaranty Trust Bank Plc have extended their banking services to a social media platform, WhatsApp. UBA, in a statement on Wednesday, said its chat banker, Leo, was launched in a pilot mode on WhatsApp and would be fully available to customers by September 1, 2018. It said customers would […]
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The bearish sentiment persisted on the Nigerian Stock Exchange, NSE on Thursday as declines in market bellwethers pushed the All Share Index (ASI) 0.6% lower to close at 37,733.44 points while Year to Date , YTD loss deteriorated to 1.3%. Loses recorded by Dangote Cement Plc and Guaranty Trust Bank Plc contributed significantly to push […]
Read More Controversy has continued to trail the decision of the Supreme Court over the contractual crisis between one of Nigeria’s leading banks in the country, GTBank and a wholly indigenous auto-assembly plant Innoson Motors. While Innoson, owned by Dr. Innocent Chukwuma claimed that the court has asked GT Bank to pay a sum of N14billion into […]
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Nigeria’s most capitalised financial institution, Guaranty Trust Bank (GTB) Plc recorded modest growths in key performance indicators in the first quarter of this year with pre-tax profit for the three-month period rising to ₦52.62 billion. Key extracts of the interim report and accounts of GTB for the first quarter ended March 31, 2018 released yesterday […]
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As reactions continue to trail tough dividend rules recently introduced by the Central Bank of Nigeria (CBN), analysts at SBG Securities have said that seven lenders are not affected by the policy from a Capital Adequacy Ratio (CAR) perspective and using 9M 2017 unaudited figures. The analysts in a report obtained by correspondent, listed the […]
Read More Afrinvest West Africa Limited, a Nigeria-based research and investment advisory firm, has said that Guaranty Trust Bank Plc’s insider-related lending level is low, contrary to its earlier report categorising it as severe. The 2017 Nigerian Banking Sector Report published by the research firm categorised the severity of insider lending positions in 14 quoted Deposit Money […]
Read More Guaranty Trust Bank Plc, GTB, has bagged the EMEA Finance awards as the “Best Bank in Nigeria” and the “Best Bank for CSR in Africa.” Its Managing Director and Chief Executive Officer, Segun Agbaje, also bagged the award for the CEO of the Year, which he won in 2013, thus becoming the first ever repeat […]
Read More Guaranty Trust Bank (GTB) Plc has posted a profit of ₦125.58 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 ₦8.49 billion or 7.21 per cent as against ₦117.08 billion […]
Read More The Guaranty Trust Bank Plc says the Small and Medium-scale Enterprises in the fashion industry as well as fashion lovers across the globe will be in for a better time at the 2017 GTBank Fashion Weekend. Scheduled for November 11th and 12th, the lender said the two-day event would allow the SMEs a vibrant platform […]
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