Guaranty Trust Holding Company PLC: Difference between revisions
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== External links == |
== External links == |
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* [http://www.africanfinancials.com/Report.aspx?afr_year=2009&CountryDOMAIN=ng&CshortName=GTB Guaranty Trust Bank 2009 Annual Report] |
* [http://www.africanfinancials.com/Report.aspx?afr_year=2009&CountryDOMAIN=ng&CshortName=GTB Guaranty Trust Bank 2009 Annual Report] |
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*[http://www.easykobo.com/Getquotes.aspx?s=GUARANTY GTB at Easykobo] |
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* [http://www.gtbank.com Guaranty Trust Bank official page] |
* [http://www.gtbank.com Guaranty Trust Bank official page] |
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* [http://www.nigerianstockexchange.com/quoted_company.jsp?symbol=GUARANTY Guaranty Trust Bank at Nigerian Stock Exchange] |
* [http://www.nigerianstockexchange.com/quoted_company.jsp?symbol=GUARANTY Guaranty Trust Bank at Nigerian Stock Exchange] |
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Revision as of 11:48, 14 February 2011
 | |
| Company type | Public limited company |
|---|---|
| ISIN | US40124Q2084 |
| Industry | Finance |
| Founded | January 17, 1990 |
| Headquarters | |
Area served | Liberia, Gambia, Ghana, Nigeria, Sierra Leone and United Kingdom |
Key people | Tayo Aderinokun, (CEO) |
| Services | Banking |
| Revenue |  ₦ 151.698 billion (2009) |
| ₦ 113.927 billion (2009) | |
 ₦ 26.960 billion (2009) | |
| Total assets | ₦ 1.019.912 billion (2009) |
| Total equity | ₦ 188.476 billion (2009) |
Number of employees | 6,000+ (June 2008) |
| Subsidiaries | Guaranty Trust Assurance plc, GTB Registrars Ltd, GTHomes Ltd, GTB Assets Management Limited, GTB Finance B.V. Netherlands |
| Website | www.gtbank.com |
Guaranty Trust Bank plc (GUARANTY)[1] also known as GTB or GT Bank is the third biggest bank in Nigeria based in Victoria Island, Lagos.
History
Registered on January 17, 1990 by Central Bank of Nigeria. GTB Plc was incorporated in July 1990, as a private limited liability company wholly owned by Nigerian individuals and institutions. The approval as Commercial Bank followed in August 1990 and operations were started in February 1991.
In September 1996: IPO on NSE.
Licensed as a universal bank in 2002 and GTB plc certificated after ISO 9001:2000 in 2006.
On July 26, 2007 the bank was, as very first subsaharan bank and first Nigerian joint stock company, listed on London Stock Exchange and Deutsche Börse. The IPO raised US$750,000,000.[2] In the same year, they successfully placed Nigeria's first private Eurobond issue on the international capital markets.
GTB Plc is a partner of Morgan Stanley and BNP Paribas.
The long-term debts of Guaranty Trust Bank plc are rated BB- by Standard & Poor's and AA- by Fitch Ratings, which are the highest ratings for a Nigerian bank.[3][4]
As one of the first banks, they introduced online banking and SMS banking and as very first, mobile branches.
On March 12, 2008, GTB was given a banking licence for the United Kingdom by the Financial Services Authority .[5]
GTB is a partner of Eko Atlantic City a new made island (820 ha.) in the Atlantic ocean, adjacent to Victoria Island Lagos. It will be the home of the new Financial District. The building of Eko Atlantic City started in 2009 and is expected to be finished in 2016.[6]
To the banks 20th Anniversary, a set of postage stamps were launched by the Nigerian Postal Service. This was the first time in Nigeria that a corporate organization was honored in such a way.
Employees
Tayo Aderinokun - Company's C.E.O,
J. K. Olusegun Agbaje - Deputy Managing Director,
Jide Ogundare - Executive Director
Cathy Echeozo - Executive Director
Titi Osuntoki - Executive Director
Akin George Taylor - Executive Director
Mr Oluwole Odeyemi - Chairman of the Board.
By June 2008 the Bank had a total of 6,000+ employees.
Branches and Extensions
GTB Plc has over 160 branches in Nigeria and runs nationwide more than 230 ATMs.
With the "GTBank-on-wheels" they have, as the first Nigerian bank, mobile branches.
GTBank has already expanded to Gambia, Ghana, Liberia and Sierra Leone. These countries belong to the "Eco zone".It has also expanded to the United Kingdom.
Awards won
1996, 2000, 2003, 2004, 2005, 2006 and 2008 Nigerian Stock Exchange Presidents Merit Award.
2006 and 2007, awarded by PricewaterhouseCoopers as the most respected company in Nigeria.
Out of 108 Nigerian companies, GTB Plc was awarded in 2006, through the newspaper Vanguard, as The Most Customer Friendly Bank in Nigeria and Best Bank for Brand Development.
- 2005 Africa's top 23 (awarded by Africa Business Magazine)
- 2005 Bank of the year (awarded by The Banker magazine)
- 2005 African Bank of the year (awarded by African Investor magazine)
- 2005 Bank of the year (awarded by This Day newspaper)
- 2006 Banker of the year(awarded by This Day newspaper)
- 2007 Brand of the year (awarded by This Day newspaper)
- 2007 Deal of the year (awarded by The Banker magazine)
- 2007 Best bank in mobile banking (awarded by Nigeria Telecom)
- 2007 Brand of the year (awarded by Lagos State Enterprises)
- 2007 Grand Prix award for reputation and credibility (by Fortune & Class Enterprise)
- 2007 Corporate best practice award (by Fortune & Class Enterprise)
- 2007 Best work place award (by Fortune & Class Enterprise)
- 2008 Transaction of the year award (by This Day newspaper)
- 2008 Deal of the year for Nigeria (awarded by The banker: Financial Times)
- 2008 Best Bank in Mobile Banking awarded by Nigeria Telecom)
- 2009 CEO of the Year (awarded by This Day newspaper)
- 2009 Most IT Driven bank (awarded by National Daily newspaper)
- 2009 CEO of the Year (awarded by Global Excellence Recognition Awards)
- 2009 Most customer focused bank in Nigeria (awarded by KPMG)
- 2009 Best Bank in Nigeria (awarded by Euromoney magazine)
- 2010 Most customer focused bank in Nigeria (awarded by KPMG)
- 2010 Best Bank in Nigeria (awarded by Euromoney magazine)
References
- ^ Bloomberg.com: „Quote for GTB plc.“
- ^ forbes.com: „Nigeria's Guaranty Trust Bank to raise 750 mln usd from London listing“ (September 11, 2007)
- ^ Guaranty Trust Bank plc, Presentation to The London Stock Exchange, June 2007 for Ratings see page 7
- ^ allafrica.com, Nigeria: GTBank Gets AA- By Fitch, 16th April 2009
- ^ allafrica.com: „GTBank to Commence Operations in UK“
- ^ ekoatlantic.com
Stock quote for GTB at Easykobo