GT Bank

Sector: Banking & Financial Services

Client Profile

…Proudly African, Truly International

In 1990, a largely underserved market and the quest to set and exceed service delivery standards in the financial sector resulted in the incorporation of Guaranty Trust Bank plc, a private limited liability company wholly owned by Nigerian individuals and institutions.

Today, operating on a tradition built on professionalism, integrity, innovation and superior service delivery, the bank’s branch network is spread over 170 locations in Nigeria, with offshore subsidiaries in Gambia, Sierra Leone, Ghana, Liberia and the United Kingdom. The Bank has also evolved over the past 20 years to become one of Africa’s leading banks with a unique reputation for service quality, innovation and excellent customer service.

Guaranty Trust Bank’s ranking as a global brand and West-Africa’s frontline financial institution has been earned through a series of firsts—in business, partnerships and corporate social responsibility. As the first sub-Saharan and Nigerian bank to be listed on the London Stock Exchange, the bank pioneered a trend that spurred global interest in Nigeria’s banking industry and inspired confidence in the sector.

In January 2007 Guaranty Trust Bank issued a US$350 million Regulation S Eurobond followed by a widely-subscribed US$750 million Global Depository Receipts offering in July of the same year making it the first Nigerian Company and African Bank to be listed on the main market of the London Stock Exchange.  

The bank’s association with foremost domestic and international brands has over the years resulted in collaborations and partnerships with major global players which include the Swiss Red Cross, The Prada Foundation, The Commonwealth Business Council and many government and non-governmental agencies in its areas of operations on initiatives and projects that cut across Healthcare, Education, Environmental Beautification, Human capital development, Sports and the Arts thereby making corporate social responsibility  not just a catch-phrase, but a continuing commitment to its host communities.

Guaranty Trust bank prides itself also with an enviable shelf of awards as it has been recipient of numerous accolades and commendations for exceptional service delivery, innovation, corporate governance, corporate social responsibility and management quality. A few of these are: the 2009 and 2010 Best Bank in Nigeria Award by Euromoney, the 2007 Most Respected Company in Nigeria Award by PricewaterhouseCoopers and BusinessDay, multiple honors in the 2007 Vanguard Newspaper Banking Awards as winner in three categories: Most Customer-Friendly Bank, Bank of The Year and Best Bank in Corporate Governance. The 2008 Best CSR Rating from SIAO and the 2009 and 2010 Most Customer-Focused Bank: Retail Award from KPMG. 

“Guaranty Trust Bank’s history and success story, given Africa’s complex socio-political climate, has been the subject of three case studies and two brand surveys by the prestigious Harvard Business School and Cranfield University, United Kingdom respectively. Today, the Bank’s business ties in the global economy extends across all continents to include over 15 overseas correspondent banks and finance institutions such as HSBC, Citibank, Bank of China, JP Morgan Chase and Deutsche Bank, Afrexim Bank, Bank of China and BNP Paribas. These have enhanced the Bank’s commitment towards providing professional banking services for various facets of the Global economy. 

For Guaranty Trust Bank, everyday presents the opportunity to make history. Doing just that means the Bank is constantly evolving whilst consolidating its pride of place as a Proudly African, Truly International Bank. “

Summary

Locations: Ghana
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