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GTBank wins Euromoney Award for the 4th Consecutive Year

Guaranty Trust Bank plc, one of Africa’s leading Banking Groups has been recognized as the 2012 ‘Best Bank in Nigeria’ by Euromoney Magazine for the fourth consecutive year.

The award which was presented during the 2012 Euromoney Awards for Excellence Dinner, in London on July 5th, 2012, recognizes financial institutions worldwide that have recorded significant feats within their operating environments, continuously display innovation and record excellent financial performance year on year.

According to Mr. Clive Horwood, Euromoney Magazine’s Editor, GTBank’s receipt of the prestigious Bank of the Year Award for the fourth time in a row is an unprecedented feat which pays testimony to the Bank’s position as a first class, profitable and focused institution.

Speaking at the event, Mr. Segun Agbaje, Group Managing Director/CEO of Guaranty Trust Bank plc ascribed the award to the Bank’s well defined operating strategy, the passion and commitment of GTBank employees and adherence to values that include hard work, discipline, a passion for excellence and a service focused culture.

He further stated that the Bank would continue to seek innovative ways of offering its stakeholders exceptional service. He also thanked the Bank’s customers for their continuous patronage and tremendous support over the years.

Guaranty Trust Bank’s effort to consolidate its position as a foremost African brand and the Bank of choice for discerning customers has led to numerous laurels within the last year. These include the 2011 Bank of the Year Award for Nigeria from The Banker Magazine, the 2011 Best Bank in Nigeria Award from EMEA Finance Awards and more recently its Group Managing Director/CEO emerged as the 2012 African Banker of the Year during the African Banker Awards.

Established in 1990, Guaranty Trust Bank plc has grown organically to become one of Africa's foremost financial services groups with operations spread across Nigeria, Gambia, Ghana, Liberia, Sierra Leone Cote D’Ivoire and the United Kingdom.

The Bank reported Gross Earnings of over N188 billion, an Asset Base of N1.5 trillion, Total equity of N238 billion and Earnings Per Share of 169 kobo for the December 2011 financial year.

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