GTB emerges best bank in Nigeria

Guaranty Trust Bank Plc has been adjudged the “Best Bank in Nigeria for 2014” by The Banker Magazine for promoting industry-wide excellence in global banking ethics and adherence to the highest corporate governance standards.

The prestigious award ceremony which held recently in London had in attendance more than 350 senior executives from well over 120 countries.

The Banker published by the Financial Times of London is the world’s leading monthly journal of records for the banking industry, with over 90-years expertise in publishing development in the banking industry both Africa and on the global scale. For over 1000 applications collected, The Banker selects one winning bank for each of the 120 countries shortlisted.

Commenting on the award, mananging director and chief executive of GTB, Mr. Segun Agbaje said,“we are happy to receive this award” and attributed the bank’s achievements to the hardwork and commitment of its employees and loyalty of its customers.

According to him, we are committed to building an enduring institution with strong values and sound corporate governance standards which will ensure that we continue to deliver over and above the expectations of all stakeholders.

GTBank has continued to push the boundaries with the introduction of products and services tailored to meet the needs of its customers. The Bank was also the recipient of other prestigious awards in the global banking space within the last 12 months. These include “2014 African Bank of the Year” award by The African Banker, “2014 Best Bank in Africa” and “2014 Best Bank in Nigeria” awards by Euromoney.

GTBank has introduced several innovations over the last few months in its bid to further consolidate its position as the most service focused bank in Nigeria. These includes The MarketHub; an e-commerce platform where buying and selling are transacted in a virtual market space hosted on the bank’s platform, One click Top-up; an alternative service that enables GTBank account holders conveniently recharge their mobile phones with airtime from their bank account with ease.

The bank with over 200 branches within Nigeria, presently has business subsidiaries in Ghana, Gambia, Sierra Leone, Liberia, Cote d’Ivoire, Kenya, Uganda, Rwanda and the United Kingdom. The GTBank brand is regarded as one of the best run financial institutions across its subsidiary countries singularly for its bias for World class customer service ethics, organizational structure, culture and innovation.

The bank’s third quarter audited results which were released on the floor of the Nigerian and London Stock Exchange show gross earnings of over N199.2 billion and a profit after tax of N66.7 billion for the nine months period of January to September, 2014.