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Guaranty Trust Bank Plc

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Guaranty Trust Bank plc was incorporated as a limited liability company licensed to provide commercial and other banking services to the Nigerian public in 1990. The Bank commenced operations in February 1991, and has since then grown.

In September 1996, Guaranty Trust Bank plc became a publicly quoted company and won the Nigerian Stock Exchange President’s Merit award that same year and subsequently in the years 2000, 2003, 2005, 2006, 2007, 2008 and 2009In February 2002, the Bank was granted a universal banking license and later appointed a settlement bank by the Central Bank of Nigeria (CBN) in 2003.

Guaranty Trust Bank undertook its second share offering in 2004 and successfully raised over N11 billion from Nigerian Investors to expand its operations and favourably compete with other global financial institutions. This development ensured the Bank was satisfactorily poised to meet the N25 billion minimum capital base for banks introduced by the Central Bank of Nigeria in 2005, as part of the regulating body’s efforts to sanitize and strengthen Nigerian banks 

Post-consolidation, Guaranty Trust Bank plc made a strategic decision to actively pursue retail banking. A major rebranding exercise followed in June 2005, which saw the Bank emerge with improved service offerings, an aggressive expansion strategy and its vibrant orange identity. 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 In the same year, they successfully placed Nigeria's first private Eurobond issue on the international capital markets.

In December 2009, Guaranty Trust Bank successfully completed the first tranche of its $200 million corporate bond targeted at increasing the depth of its operations in West Africa and Europe in the next couple of years.

In May 2011, GTBank successfully launched a US$500 million bond - the first non-sovereign benchmark bond offering from sub-Saharan Africa (outside South Africa), to the international community. The highly successful offering which matures in 2016, went further to show the international finance community’s believe in the GTBank brand.

The GTBank USD 500,000,000 Eurobond was the first ever Benchmark Eurobond issue by a Nigerian corporate and the second Eurobond programme by GTBank in the last 5 years. The Eurobond, which was oversubscribed, is USD 150,000,000 larger in size than the first Bond issued in 2007 and was completed at a superior pricing despite the tough international bond market (priced 75 basis points above the Nigerian sovereign USD 500,000,000 Eurobond issued in January 2011).

Today, backed by its growing regional spread and strong domestic franchise, Guaranty Trust Bank’s business ties extends across all continents to include over 15 overseas correspondent banks and finance institutions which include HSBC, Citibank, Bank of China, JP Morgan Chase and Deutsche Bank, Afrexim Bank, Bank of China and BNP Paribas.

The Bank’s association with foremost international brands has also resulted in collaborations with institutions like Tate Britain, Nokia, Swiss Red Cross, the Greater London Authority, The Prada Foundation and The Commonwealth Business Council amongst others.

The long-term debts of Guaranty Trust Bank plc are rated by Standard & Poor's and AA- by Fitch Ratings, which are the highest ratings for a Nigerian bank

As one of the most innovative banks in Nigeria, they introduced online banking and SMS banking and as very first, a naira denominated MasterCard as well as the Platinum and World Signia cards and with GTB-on-wheels, mobile branches.

On March 12, 2008, GTB was given a banking licence for the United Kingdom by the Financial Services Authority 

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.

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.

In 2011, the bank became the biggest bank in Nigeria by market capitalisation. 2010 it was on the third place behind Zenith Bank and First Bank.



Phone 234-01-2622650-69,3201100
Address Plot 1669, Oyin Jolayemi Street


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