Tag: GTBank

GTCO Increases GTBank’s Paid-Up Capital To ₦504b
August 30, 2025 5 Responses

GTCO Increases GTBank’s Paid-Up Capital To ₦504b

Guaranty Trust Holding Company Plc, on Friday announced that it has increased its investment in its wholly owned Banking subsidiary, Guaranty Trust Bank Limited (GTBank) to ₦504 billion through a rights issue subscription for 6,994,050,290 ordinary shares of fifty kobo...
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GTCO Shareholders Okay N8.03 Per Share Dividend
April 28, 2025 No Responses

GTCO Shareholders Okay N8.03 Per Share Dividend

For the financial year ended December 31, 2024, Shareholders of Guaranty Trust Holding Company (GTCO) Plc have approved the payment of a total dividend of N8.03 per share.This decision was taken at the company’s fourth annual general meeting, held virtua...
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GTBank Removes POS Processing Fees
February 13, 2025 No Responses

GTBank Removes POS Processing Fees

Guaranty Trust Bank Ltd has announced the removal of processing fees on all GTBank POS terminals, reinforcing its commitment to supporting businesses with cost-effective payment solutions.This initiative, which took effect Tuesday, 11 February 2025, communicat...
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Leadway Assurance Blames Gtbank For Delayed Annuity Payment
October 19, 2024 No Responses

Leadway Assurance Blames Gtbank For Delayed Annuity Payment

Leadway Assurance has blamed delay in the payment of September 2024 annuity on transaction challenges at Gtbank.Some Gtbank account holders are yet to receive their payments for the Month of September 2024.Leadway Assurance in a notice sent to annuitants expla...
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Ghana Suspends GTB, First Bank’s Forex Licences
March 5, 2024 No Responses

Ghana Suspends GTB, First Bank’s Forex Licences

Citing various breaches of foreign exchange market regulations,the Bank of Ghana has suspended the Foreign Exchange Trading Licences of two Nigerian-owned banks, Guaranty Trust Bank Ghana Limited and FBNBank Ghana Limited.The suspension takes effect from March...
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<strong>Court Sets Aside Execution On Stallion </strong>
February 22, 2023 No Responses

Court Sets Aside Execution On Stallion 

The Federal high court in Lagos has set aside a purported execution carried out by Guaranty Trust Bank  (GTB)Plc against Stallion Nigeria Limited over alleged N13 billion judgement debt.  Justice Ambrose Lewis Alagoa  in a ruling deliv...
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Stock Market Closes Week On Negative Note
January 21, 2023 No Responses

Stock Market Closes Week On Negative Note

The local bourse ended the last trading of the week on a negative note as the performance indices declined by 0.06 per cent.  Specifically, the market capitalisation dropped by N18 billion or 0.06 per cent to close at N28.646 trillion as...
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GTCO Plc’s GTBank Bags Africa’s Best Brands Awards 
May 28, 2022 No Responses

GTCO Plc’s GTBank Bags Africa’s Best Brands Awards 

Guaranty Trust Bank Ltd (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc (GTCO Plc), has emerged winner in four major categories at the 12th annual Brand Africa 100: Africa’s Best Brands 2022 rankings of the Top 100 Most...
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Supreme Court Reverses N2.4b Ruling Against GTBank
January 17, 2022 No Responses

Supreme Court Reverses N2.4b Ruling Against GTBank

The Supreme Court has reversed its earlier decision which dismissed an appeal filed by Guaranty Trust Bank against a N2.4bn judgment given in favour of Innoson Motors Nigeria Limited by the Court of Appeal in Ibadan, Oyo State. A judgment...
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Conoil, Lafarge Africa, GTBank Lift NGX Indices By 0.29%
April 22, 2021 No Responses

Conoil, Lafarge Africa, GTBank Lift NGX Indices By 0.29%

Transactions on the Nigerian Exchange (NGX) Ltd. on Wednesday extended gaining streak to four consecutive trading sessions, appreciating further by 0.29 per cent.  The performance was as a result of investors’ interests in Guaranty Trust Bank and Lafarg...
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Shareholders Back GTBank’s Planned HoldCo Structure
December 7, 2020 No Responses

Shareholders Back GTBank’s Planned HoldCo Structure

The shareholders of Guaranty Trust Bank Plc (GTBank) have approved the Holding Company (HoldCo) structure for the bank, as they expressed excitement over the benefits they would gain from the new structure. The shareholders in a statement on Sunday gave t...
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Innoson Returns To Court, Faults GTBank On Holding Company Structure
November 30, 2020 No Responses

Innoson Returns To Court, Faults GTBank On Holding Company Structure

The Federal High Court, Enugu, will on Monday, November 30, 2020 begin hearing in Innoson Nigeria Limited application to stop GTBank’s  proposed Holding Company Structure. Innoson in a statement issued by its Head of Corporate Communications, Corne...
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GTBank Emerges 2020 Best Digital Bank In Nigeria
November 10, 2020 No Responses

GTBank Emerges 2020 Best Digital Bank In Nigeria

A research and credit rating agency, Agusto & Co, on Monday disclosed that GTBank Plc ranked highest in user experience in the third edition of consumer banking satisfaction index. Senior Analyst, Financial Institutions Ratings, Agusto & Co, Mrs Mariam...
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GTBank, Dangote Cement, Top Losers’ Table As Market Capitalisation Drops Further By N68b
October 10, 2020 No Responses

GTBank, Dangote Cement, Top Losers’ Table As Market Capitalisation Drops Further By N68b

Market capitalisation of the Nigerian Stock Exchange, on Friday, dropped further by N68 billion or 0.46 per cent to close at N14.852 against N14.920 trillion.  Also, All-Share Index which opened at 28,546.22 lost 130.91 points or 0.46 per cent to...
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