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GTBank Fashion Weekend Set to Showcase “Africa’s Finest” This November

GTBank Fashion Weekend Set to Showcase “Africa’s Finest” This November

Lagos, Nigeria - September, 2017Fashion lovers all over the world can once again look forward to an unparalleled fashion experience as the 2nd edition of the GTBank Fashion weekend is set to hold on the 11th and 12th of November, 2017. The 2-day event will treat attendees to an enthralling journey across a wide variety of Africa’s finest styles and trends whilst offering small businesses in the Nigerian Fashion Industry a free and vibrant platform to connect with a wider segment of their consumers as well as experts in their industry. The GTBank Fashion weekend is a free business platform that was created by foremost African Financial Institution, Guaranty Trust Bank plc, as part of its efforts to showcase the best of Africa’s Fashion to a global audience whilst promoting the effervescent enterprise of the continent’s growing fashion industry. The 2016 debut of the consumer-focused event received very positive reviews... Read More

GTBank wins 2016 African Bank of the Year - Africa Banker Awards

Lagos, Nigeria – May, 2017.


Foremost African financial institution; Guaranty Trust Bank plc has been named the African Bank of the Year at this year’s African Banker Awards. The Awards was presented during a prestigious gala dinner on 23rd May Ahmedabad, India, on the sidelines of the Annual Meeting of African Development Bank.

Now in its 11th year, The African Banker Awards is internationally recognized as the landmark finance event to reward achievements, commend best practices and celebrate excellence in African banking. The award provides a platform to bring together industry leaders from across Africa, celebrate the achievements of those driving economic growth and shaping the future of Africa.

Commenting on the awards ceremony, Publisher of African Banker Magazine; Mr Omar Ben Yedder said “In the year under review, GTBank demonstrated positive results across numerous indices, including a strong balance sheet, growing customer base and a continuous regional expansion. The Bank’s strong performance in 2016 underlined the success of its strategy which was reflected in a Net profit growth of 37% in 2016 despite difficult trading conditions in its main market. He further stated that, “The bank is at the forefront of innovation through simple and accessible digital banking platforms, which allowed it to gain 10 million customers who have long been excluded from banking.

Receiving the award on behalf of the Bank, Segun Agbaje, Managing Director/CEO of GTBank said: "We are honored to be recognized as the best bank in Africa by a globally renowned and well respected magazine. This award is an affirmation of our commitment to creating sustainable value for our customers, shareholders and the communities in which operate. He added that “Our vision has always been to create an African institution that can compete anywhere in the world in terms of good corporate governance, innovation and superior service delivery, and buoyed by this award, we are determined to consolidate our leading position as Africa’s leading bank by positioning ourselves at the centre of our customers’ social and digital lives to offer them benefits beyond banking.

GTBank has consistently played a leading role in Africa’s banking industry and reported the best financial ratios for a Financial Institution in the industry with a return on equity (ROE) of 28.8% and a cost to income ratio of 40.76%, evidencing the efficient management of the banks’ assets. Overall, the Bank has enshrined its position as a clear leader in the industry.

In due recognition of the Bank’s leading role in Africa’s banking industry, owing to its bias for world class corporate governance standards and excellent service delivery and innovation, GTBank was recognized in 2016 as the Best Bank in Nigeria by Euromoney, and Best Banking Group Nigeria by World Finance Magazine.


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