The Guaranty Trust Bank was incorporated as a limited liability company licensed to provide commercial and other banking services to the Nigerian public in 1990 and they commenced operations in the year 1991.
As of 1996, GTB became a publicly quoted company and won the Nigerian stock exchange presidents merit award.
Throughout the history of Nigerian banking system, the Gt bank has been known to be one of Nigerian trusted banks till date, payment systems are fast, clients are satisfied.
Customers have a lot of benefits to gain when banking with the Guaranty Trust bank, they have one of the best system in Nigeria, up to date customer service and many others.
In the year 2007, GTB was the first sub Saharan bank and first Nigerian joint stock company to be listed on London stock exchange and Deutsche Borse in that same year GTB placed Nigerian first private Eurobond issues on the international capital market.
GTB introduced online banking and SMS banking in Nigeria and also naira denominated mastercard, platinium and world signa cards. In the year 2008, the bank was given a banking license for the United Kingdom by the financial services authority.
During the 20th anniversary, the Nigerian postal service issued a set of GTB anniversary postage stamps, this was recorded as this was the first time in Nigeria that a corporate organization was honoured in such a way.
The bank is a partner of the Eko Atlantic city an Island of 820 ha in the Atlantic ocean which is Adjacent to the Victoria Island Lagos. In the year 2011, GTB became the biggest bank in Nigeria by market capitalization.
There are actually some amazing facts we need to know about GTB. Below are the top 10 facts you would find interesting about this bank.
1. Guaranty Trust bank (GTB) has over 150 branches in Nigeria and runs nationwide more than 250 Atms
2. In the year 2008, the bank has a total of over 6,000 employees.
3. Tayo Aderinokun is the company chief executive officer, J.K Olusegun Agbaje is Deputy managing director, Jide Ogundare, Habib Abba, TiTi Osuntoki, Cathy Echeoze and Farouk Bello Banza are executive directors on bard while Owelle Gilbert P.Chikelu is chairman of the board.
4. Guaranty Trust Bank (GTB) is the third biggest banks in Nigeria, headquarters in Victoria Island Lagos. Bank was registered in the year 1990, incorporated in July 1990, began operations in the year 1991.
5. Guaranty Trust Bank (GTB) has 231 branches, 17 cash centres, 18 e branches, GT express junctions and more than 1185 ATMs in Nigeria.
6. Guaranty Trust Bank has expanded to Ghana, Sierra Leone, Kenya, Uganda, Rwanda, Gambia, Liberia and many other countries.
7. GTB acquired a 70% stake in Fina Bank, this war when they expanded to the east African market, as a result of this, Fina bank will now be renamed and rebranded Guaranty Trust Bank (GTB) this took place in the year 2013.
8. The bank was given a banking license for the United Kingdom this took place on 12th March 2008.
9. GT bank long term debts are rated BB by standard and Poor and AA by Fitch ratings.
10. In the year 2007, they place the first Eurobond issue on international markets,
GT bank has been known as one of the best banks in Nigeria, they operate accounts for different companies. The bank is reliable and can be trusted for valuables and different things.
GT bank is a standard bank which has been in existence for a long time now, the bank has lots of services which can be accessible by its customers and their day to day transactions can be carried out successfully, the bank was established to seve its customers right and this has been done effectively by the managers of the system.
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