Guaranty Trust Bank

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Guaranty Trust Bank plc

logo
legal form Corporation
ISIN US40124Q2084
founding 17th January 1990
Seat Victoria Island , Nigeria
management Segun Agbaje ( Chairman of the Board )
Number of employees 2723 (average inventory FY 2011)
Branch Universal bank
Website www.gtbank.com

The Guaranty Trust Bank plc is the largest bank in Nigeria. It is based in Victoria Island ( Lagos ) and operates as a universal bank. It has total assets of 1.525 trillion. NGN as of December 31, 2011 and achieved a net profit of 52.654 billion NGN in the 2011 financial year.

history

On January 17, 1990, the bank was registered with the Central Bank of Nigeria . It was registered as a private limited company in July 1990. It was approved as a commercial bank in August 1990 and business operations began in February 1991. In September 1996 the company went public on the NSE .

The license to become a universal bank was granted in 2002. Certification according to ISO 9001: 2000 took place in 2006.

On July 26, 2007, the bank became the first sub-Saharan bank and first Nigerian public company to be listed on the London and German stock exchanges . The initial public offering raised $ 750 million.

Guaranty Trust Bank plc's long-term international liabilities are rated B + by the rating agency Standard & Poor's and B + by Fitch . This makes it one of the three best-rated banks in Nigeria.

One of the first banks to offer internet banking and SMS banking and the very first to offer mobile branches.

CEO and co-founder Tayo Aderinokun passed away on June 14, 2011.

Branch network and expansions

GTB has 177 branches in Nigeria. So far, 238 ATMs are operated nationwide . With GTBank-on-wheels, the company is the first Nigerian bank to have mobile service points.

The bank also originally operated in Gambia , Ghana , Liberia , the Republic of Côte d'Ivoire and Sierra Leone . With the exception of Ivory Coast, all of these countries are already members of the “ Eco-Zone ”.

A banking license for the United Kingdom was granted on March 12 of 2008.

In 2013, the majority of Fina Bank Group , which operates in Kenya , Rwanda and Uganda , was acquired. As a result, the business activity was expanded to East Africa.

Awards

1996, 2000, 2003, 2005, 2006 and 2008 Nigerian Stock Exchange Presidents Merit Award .

2006 and 2007, recognized by PricewaterhouseCoopers as Nigeria's Most Valued Company.

2009 and 2010 award from KPMG as Nigeria's most customer-oriented bank.

Web links

Individual evidence

  1. forbes.com: " Nigeria's Guaranty Trust Bank to raise 750 mln usd from London listing" (September 11, 2007)
  2. Nigeria: S&P Rates Firstbank, Zenith, GTB Positive on allafrica.com
  3. Fitch ratings of Nigerian banks on chairmanking.com
  4. allafrica.com: " GTBank to Commence Operations in UK"
  5. GTBank has concluded the acquisition of a 70% stake in Fina Bank Group ( Memento of the original from January 7, 2017 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , February 2014.  @1@ 2Template: Webachiv / IABot / gtbank.com