Guaranty Trust Bank Plc has been awarded the Euromoney Excellence in Leadership Africa Award, a premier award category set up to recognize banks around the world who are playing a pivotal role during the Covid-19 pandemic. The foremost African financial institution, which was also named Nigeria’s Best Bank for a record 10th time, was lauded for its swift reaction in responding to the Covid-19 crisis and for addressing the impact of the pandemic on its customers and communities. Announcing GTBank’s Excellence in Leadership Award, Euromoney said; “One of the first things Nigeria’s Guaranty Trust Bank did with the…
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GTBank posts ₦231.7bn PBT in 2019 Full Year Audited report
Guaranty Trust Bank plc has released its audited financial results for the year ended December 31, 2019 to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria. Profit before tax stood at ₦231.7billion, representing a growth of 7.5% over ₦215.6billion recorded in the corresponding year ended December 2018. The Bank’s Loan Book grew by 19.0% from ₦1.262trillion in December 2018 to ₦1.502trillion in December…
Read MoreGTBank 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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