Shareholders of Guaranty Trust Bank Plc (GTBank) on Thursday in Lagos commended the board and management of the bank for sustaining growth and profitability despite challenges.
Speaking at the 2018 Annual General Meeting (AGM), the shareholders also approved the payment of a final dividend per share of N2.45 kobo, bringing the total dividend per share paid for the 2018 financial year to N2.75 Kobo.
Managing Director of the Bank, Mr. Segun Agbaje, assured that the bank would continue to work harder to deliver better returns to shareholders.
Chairman of the Bank, Mrs Osaretin Demuren, said the performance of the bank across all financial metrics showed the improvement in the strategic positioning of the brand.
She explained that the growths by the group’s subsidiaries showed that the bank is consolidating its leading position in Nigeria’s financial services sector, as well as making progress in growing its business across select, high growth African markets
“We believe that our commercial success depends on the prospects of Africa and we, in turn, play a significant role as a catalyst for her growth,” Demuren said.
