GTBank nets ₦115.8bn as profit before tax in 2019 half-year report

Guaranty Trust Bank plc has released its audited financial results for the half-year ended June 30, 2019 to the Nigerian and London Stock Exchanges. The half-year result shows positive growth across key financial metrics and reflects GTBank’s leading position as one of the best managed financial institutions in Africa. The Bank reported a Profit before Tax of ₦115.8billion, representing a growth of 5.6% over ₦109.6billion recorded in the corresponding period of 2018. The Bank’s loan book grew by 1.0% from ₦1.262trillion recorded as at December 2018 to ₦1.274trillion in June…

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