Guaranty Trust Holding Company PLC Business and Operations

Guaranty Trust Holding Company PLC is a leading financial institution in Nigeria, with a strong presence in the country's banking and financial services sector.

The company was established in 1997 and has since grown to become one of the largest and most respected financial institutions in Africa.

GTBank's business model is built around retail banking, with a focus on providing innovative financial services to individuals, businesses, and governments.

The company's operations are guided by a strong corporate governance framework, which emphasizes transparency, accountability, and risk management.

Guaranty Trust Holding Company PLC is a multinational financial institution with a rich history dating back to 1990. It operates as a financial holding company for Guaranty Trust Bank Limited.

The company provides commercial banking services in 11 countries across Africa and the United Kingdom. Its operations span across six segments, including Corporate Banking, Commercial Banking, Business Banking, Retail Banking, SME Banking, and Public Sector.

Guaranty Trust Holding Company PLC has a significant presence in the financial sector, with over 5,800 employees working across its various operations. The company is led by CEO Segun Agbaje, who has been instrumental in shaping its growth and development.

The company's website is www.gtbank.com, where you can find more information about its services, products, and operations.

Guaranty Trust Holding Company PLC operates in the following countries:

Note: The company offers a broad range of financial products and services, including current accounts, savings deposits, overdrafts, loans, and other credit facilities.

Guaranty Trust Holding Company PLC offers a range of rewards to its investors. Its Price-To-Earnings ratio is impressively low at 1x, significantly below the Nigerian market average of 9.1x.

The company's earnings have experienced a remarkable growth of 210.8% over the past year, making it an attractive investment option.

GTCO's dividend yield stands at a high and reliable 5.92%, providing investors with a steady stream of income.

Here's a comparison of GTCO's performance with its industry peers and the Nigerian market:

Guaranty Trust Holding Company PLC is a multinational financial institution that provides a broad range of financial products and services across Africa and the United Kingdom. The company operates as a financial holding company for Guaranty Trust Bank Limited.

Guaranty Trust Holding Company PLC was founded in 1990 and has grown to employ over 5,800 people, with Segun Agbaje serving as its CEO. The company's website is www.gtbank.com.

The company operates through six segments: Corporate Banking, Commercial Banking, Business Banking, Retail Banking, SME Banking, and Public Sector. Its services include current accounts, savings deposits, overdrafts, loans, and other credit facilities, as well as foreign currency and derivative products.

Guaranty Trust Holding Company Plc operates as a financial holding company for Guaranty Trust Bank Limited that provides commercial banking services in Nigeria, Ghana, Gambia, Sierra Leone, Liberia, Cote D'Ivoire, Kenya, Uganda, Rwanda, Tanzania, and the United Kingdom.

The company has six reportable segments: Corporate Banking, Commercial Banking, Business Banking, Retail Banking, SME Banking, and Public Sector.

Guaranty Trust Holding Co PLC is a multinational financial institution that provides individuals, businesses, private and public institutions across Africa and the United Kingdom with a broad range of market key financial products and services.

Here are the six reportable segments of Guaranty Trust Holding Company Plc:

The company was founded in 1990 and has 5,829 employees as of our knowledge cutoff.

At the helm of GTCO is a team of experienced leaders. Ibrahim Hassan serves as the chairman, while Segun Agbaje is the Group Chief Executive Officer. The board of directors also includes Catherine Echeozo, Suleiman Barau, Helen Lee Bouygues, and Adebanji Adeniyi.

In a significant milestone for GTCO, Osaretin Demuren became the first female Chairman in 2015.

GTCO has a strong presence in Africa and the UK, with a range of financial products and services offered to individuals, businesses, and institutions.

The company operates in 11 countries across the continent, including Nigeria, Ghana, Kenya, and South Africa.

GTCO's banking subsidiaries are a key part of its operations, with a total of 11 subsidiaries across the countries it operates in.

Here is a list of GTCO's subsidiaries in each country:

These subsidiaries offer a range of financial services, including corporate banking, commercial banking, and retail banking.

GTBank has earned numerous accolades for its outstanding performance and innovative approach. It was recognized as the best bank in Africa at the annual Euromoney Awards for Excellence held in London in 2019.

GTBank has consistently been named the best bank in Nigeria, a title it has held for the ninth time in 2019 and again in 2020 by Euromoney.

In 2020, GTBank received the Euromoney Excellence in Leadership Africa Award, a testament to its exceptional leadership and commitment to excellence.

GTBank's digital banking services have also been recognized as the best in Nigeria by Agusto & Co, a research and credit rating agency.

The bank's commitment to innovation has earned it the title of Most Innovative Bank in Nigeria by the World Finance Banking Awards in 2021.

GTBank's mobile banking app has been awarded the Best Mobile Banking app by the World Business Outlook.

GTBank has been named the Most Admired Finance Brand in Nigeria and Africa in 2020, a recognition of its exceptional reputation and brand value.

In 2022, GTBank won the Most Admired Brand in Africa Award, solidifying its position as a leader in the African financial industry.

GTBank's commitment to social responsibility has earned it the title of Most Socially Responsible Bank by the World Business Outlook in 2022.

GTBank was awarded the Best Bank in Nigeria by the Global Finance in 2023, further solidifying its position as a leading bank in Nigeria.

Guaranty Trust Holding Company PLC offers a wide range of trading services, including stocks, bonds, and mutual funds.

Their listings on the Nigerian Stock Exchange (NSE) provide investors with a platform to buy and sell securities.

The company's trading platform is designed to be user-friendly, making it easy for both new and experienced investors to navigate.

Investors can access Guaranty Trust Holding Company PLC's trading services through their website or mobile app, allowing them to trade on the go.

Their listings on the NSE are subject to regulation and oversight, ensuring a fair and transparent trading environment.

If you're considering trading Guaranty Trust Holding (GTCO) stocks, it's essential to understand their price history and performance. GTCO's current share price is ₦62.50.

The company has seen significant growth over the years, with a 1 Year Change of 58.43%. This is a remarkable increase, and it's essential to consider this trend when making investment decisions.

GTCO's 52 Week High is ₦64.50, which is the highest price the stock has reached in the past year. This indicates that the stock has the potential for further growth.

On the other hand, the 52 Week Low is ₦32.35, which is the lowest price the stock has reached in the past year. This shows that the stock has experienced some volatility in the past.

Here's a summary of GTCO's price performance over the past few years:

GTCO's beta is 0.90, which indicates that the stock is less volatile compared to the market. This could be an attractive feature for investors looking for a more stable investment.

NGX lists Guaranty Trust Holding Company shares on trading platform. This move marks a significant development in the Nigerian stock market.

The Nigerian Exchange Group Plc (NGX Group) has listed Guaranty Trust Holding Company Plc (GT HoldCo) after delisting Guaranty Trust Bank. The entire 29,431,179,224 issued shares of GTB were delisted on June 18, 2021.

GT HoldCo's entire issued share capital of 29,431,179,224 ordinary shares of 50 kobo each were listed on the bourse. This listing is a result of a Scheme of Arrangement between GTB and its shareholders, approved by the Securities and Exchange Commission and sanctioned by the Court.

The restructuring process was implemented by an arrangement between the bank (GTB) and its shareholders in line with the Companies and Allied Matters Act (CAC). GTB had obtained an approval-in-principle from the Central Bank of Nigeria (CBN) in November 2020 to commence the process.

The new structure (holding company) will consist of banking subsidiaries and non-banking subsidiaries. The banking subsidiaries will include GTBank (Nigeria, West Africa & East Africa) and GTBank UK while the non-banking subsidiaries will be a payment company, an asset management company, and a pension business.

GTB joins other banks that have adopted the "holdco" structure, such as Stanbic IBTC (2012), FBN Holdings (2012), and First City Monument Bank (FCMB) Group (2013).

Here are the key players involved in the listing:

Guaranty Trust Holding Company PLC has been involved in several controversies over the years.

GT Bank was ordered by the Supreme Court to pay Innoson motors the sum of ₦8.8 billion as a result of an accrued interest on 29 March 2019.

The company's subsidiary, Investment One, made a questionable donation to the campaign account of Vice President Yemi Osinbajo.

The donation was made in three tranches of ₦100 million, ₦50 million, and ₦50 million, which is a clear violation of the federal campaign finance law.

The electoral act permits a maximum donation of ₦1 million per candidate in a presidential race, making Investment One's donation a significant breach of this rule.

Guaranty Trust Bank has a long history of corporate social responsibility projects, often gaining recognition for its CSR efforts.

The bank's Annual Autism Conference has been held for eleven years, working to reduce the stigma associated with autism.

It also provides free speech and behavioral consultations with medical experts for people living with autism.

The Master's Cup, one of the most popular grassroots football tournaments in the country, is another notable CSR effort by the bank.

In 2021, the bank celebrated Children's day with a meeting between young children and Mabel Segun, the iconic Nigerian poet and playwright.

The GTBank Food and Drink Festival and the GTBank Fashion Week are two of the most popular pop culture events in Nigeria, also hosted by the bank.