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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 to buy 70% of Kenya’s Fina Bank for $100million.

 

October 17th, 2013   

Guaranty Trust Bank Plc, Nigeria’s largest lender by market value, agreed to pay about $100 million for 70 percent of Kenya’s Fina Bank Ltd. The deal is subject to regulatory approvals in Kenya, Nigeria, Rwanda and Uganda, the GTBank said in an e-mailed statement last week. 

Chief Executive Officer Segun Agbaje said in April that Guaranty Trust Bank plc, which operates in six countries outside Nigeria, was targeting East African nations for their “appreciable gross domestic product GDP, growing investments and ease of doing business.”

Fina Bank had loans of $184 million and customer deposits of $285 million at the end of March, filings show. 

Profit, excluding income from discontinued operations, rose 69 percent to N87.2 billion ($541 million) in 2012 from a year earlier, GTBank said on April 2.

GTBank rose 0.2 percent to N26.42 on Friday, October 11, 2013 in Lagos. The stock has advanced 15 percent this year compared with a 25 percent gain for the 10-member Nigerian Stock Exchange Banking Index.

  

 

Source: www.businessdayoline.com

 

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