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GTBank Releases Q1 2017 Unaudited Results... Reports Profit before Tax of ₦50.39Billion

GTBank Releases Q1 2017 Unaudited Results... Reports Profit before Tax of ₦50.39Billion

Lagos, Nigeria – April, 2017   Guaranty Trust Bank plc has released its unaudited financial results for the quarter ended March 31, 2017 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. Gross earnings for the period grew by 39% to ₦104.66billion from ₦75.39billion reported in March 2016; driven primarily by growth in interest income. Profit before tax stood at ₦50.39billion, representing a growth of 64% over ₦30.68billion recorded in the corresponding period of March 2016. The Bank’s loan to customers dipped marginally by 2% from ₦1.591trillion recorded in December 2016 to ₦1.563trillion as at March 2017. Deposit from customers grew marginally by 1% from ₦1.986trillion in December 2016 to ₦2.012trillion in March 2017. The Bank’s balance sheet remained strong with a 1.6% growth in Total Assets... Read More

GTBank Ghana LTD. lends support to Korle Bu Accident Centre.

 

September 5th, 2013  

 

The Guaranty Trust Bank (Ghana) Limited has completed renovation of parts of the Amenity Ward of the Emergency Accidents Centre at the Korle Bu Teaching Hospital.

The project includes the installation of two patient cardiac monitors, three automatic hand dryers and a water heater; re-painted the corridors of the ward and fixing of other broken facilities; and donation of assorted medical equipment and items worth over Gh₵20,000.

This forms part of the bank's 2013 Corporate Social Responsibility activities and to fulfill its promise to improve healthcare delivery.

The bank, last year, announced its intention to adopt the Ward for the next five years to ensure proper maintenance and also provide other needed medical equipment for the smooth running of the Centre.

'As a responsible corporate entity, it has been our policy to give back to the society in which we operate and the selection of the Accident Centre at Korle Bu is especially so because it is meant to serve a lot of people across the length and breadth of Ghana, bearing in mind the sustainability of our project', stated Lekan Sanusi, Managing Director of GTBank Ghana.

The Head of the Accident Centre, Dr. A. O. Addo, expressed gratitude to the Bank for honoring its promise to the Hospital. He said the items were essential and would go a long way to help in the delivery of good healthcare to patients.

Guaranty Trust Bank actively supports numerous programmes across Ghana that positively affects general healthcare, education, the arts, sports, community development and the environment. 

 

Source: modernghana.com

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