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GTBank Releases 2017 Half Year Audited Results... Reports Profit before Tax of ₦101.1Billion

GTBank Releases 2017 Half Year Audited Results... Reports Profit before Tax of ₦101.1Billion

Lagos, Nigeria – August, 2017 Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2017 to the Nigerian and London Stock Exchanges. A review of the half year performance, shows positive growth across all key financial metrics and improved strategic positioning of the brand. Gross earnings for the period grew by 2% to ₦214.1billion from ₦209.9billion reported in the June 2016; driven primarily by growth in investment securities income as well as income from risk assets. Profit before tax stood at ₦101.1billion, representing a growth of 18% over ₦85.69billion recorded in the corresponding period of June 2016.The Bank’s loan book dipped by 6% from ₦1.590trillion recorded as at December 2016 to ₦1.491trillion in June 2017 and customer deposits decreased by 1% to ₦1.966trillion from ₦1.986trillion in December 2016. The Bank closed the half year ended June 2017 with Total Assets and Contingents of ₦3.75trillion... Read More

Clickatell honours GTBank with CIT Excellence Award.

 

22nd November, 2013   

 

GTBank, one of Nigeria’s foremost banking institutions, has been awarded the first Nigerian Connect. Interact. Transact (CIT) Excellence Award in honour of its continued commitment to banking excellence within the African mobile banking and mobile money market place.

 

The award was instituted by Clickatell, a global leader in the development of mobile messaging and transaction services, to recognize her partners who have shown exceptional growth within their industry sectors, using the Clickatell Connect. Interact. Transact product offering.

 

With the launch of its ground-breaking mobile banking and mobile money apps, GTBank has answered the need for mobile banking solutions for many Nigerians. This has proven highly successful since its introduction in December 2012. 

 

Clickatell’s prepaid airtime offering has enabled GTBank’s customers to easily and conveniently top up theirs or someone else’s account using GTBank’s pioneering mobile banking and mobile money apps.

 

Johan De Lange - EVP of Mobile Messaging at Clickatell explained that ” GTBank has consistently led the way in implementing innovative service offerings that have provided its customers with access to financial solutions that impact their lives in a meaningful way. Clickatell is proud to be a supplier and partner to GTBank.

 

 

Source: www.nigeriacomunicationsweek.com.ng

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