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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

GTBank Gambia Receives Best Commercial Bank and Best Internet Bank Award

August 12th, 2015

Global Banking & Finance Review has awarded GTBank Gambia “Best Commercial Bank and Best Internet Bank” in The Gambia 2015 Awards. The awards were announced on August 10th 2015.

Receiving the awards, The Managing Director of GTBank Gambia Kingsley Mobolaji Ayodele said the awards which followed a rigorous peer review underscores the Bank’s commitment to proving superior financial services to The Gambian community. He dedicated the awards to customers for what he called “their unflinching loyalty to the Bank”.

The GTBank Gambia CEO expressed gratitude to God, the Bank’s esteemed customers, the Board of Directors, Management and Staff for their roles in earning the recognition. He also added that GTBank Gambia takes the award as a challenge to perform even better and would go to any length to surpass the expectations of their customers.

Global Banking & Finance Review is a leading financial portal offering News, Analysis, Opinion, Reviews, and Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, and Asset & Wealth Management.

GTBank Gambia has previously won The Gambia Chamber of Commerce and Industry 2013 Service Provider of the year, 2011 and 2008 Bank of the year awards amongst a host of other awards.

Globalawards Gambia

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