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GTB

Reps Give GTB 72 Hours to Submit Documents on Multiple Bank Charges Probe

House of representatives

The House of Representatives Ad-hoc Committee investigating alleged unlawful deductions of taxes and sundry charges from public servants and the general public’s bank accounts has given Guarantee Trust Bank (GTB) 72 hours to submit all requested documents to the panel. Chairman of the Committee, Hon. Kelechi Nwogu issued the ultimatum on Tuesday in Abuja during […]

CSOs petition Police over harassment of protesters against GTB

GTB

…demand full investigation into allegations against bank Coalition of civil society organisations on Tuesday stormed the headquarters of the Nigerian Police Force in Abuja to call attention of law enforcement agents to alleged harassment and legal intimidation by the management of the Guaranty Trust Bank GTB on organisations and persons demanding investigation into alleged infractions […]

UBA, Zenith, GTB, Fidelity, others to pay dividend in 2018– analysts

unbanked

An international research firm, SBG Securities (Pty) Limited of South Africa has said about nine commercial banks would be able to pay dividends this year, despite the new policy adjustment issued by the Central Bank of Nigeria (CBN) recently. The banks are Zenith Bank Plc, Guaranty Trust Bank Plc (GTBank), United Bank for Africa Plc […]

Nigeria coming out from conspiracy of silence: The case of Innoson, EFCC and GTB

conspiracy

We have reached a stage where we cannot put people in one box and conclude that, that it is the way it should be. Ideas are working in the global world where people are on the same wave length of thoughts in ideology and development. If we want to move fast with the world, we […]

EFCC’s arrest of Innoson and GTB loan: Facts behind saga

innoson

Recently, the Innoson/GTBank story has gained so much media prominence, especially following the arrest of the Innonson chairman a few days ago by EFCC. Though the case is pending in court, Innoson has taken the battle to social media. There have been numerous sponsored social media campaigns against the bank such as #BewareOfGTBank and #WhatIsWrongWithGTBank. […]

UBA, GTBank endure N18.9bn decline in electronic banking revenue

United Bank for Africa (UBA) and Guaranty Trust Bank Plc (GTBank), recorded a total drop of N18.97 billion in Electronic Banking revenue in the first six months of 2017, Daily Times finding have revealed. Considering that the two commercial banks’ electronic banking income declared in first the six half (H1) of 2017, showed that United […]

Investors in Access, GTB, UBA gain N155.4 billion in 11 months

Amidst dwindling share prices in a falling equities market, owners of shares in Access Bank Plc, Guaranty Trust Bank and United Bank for Africa (UBA) Plc can smile to the bank with a total gain of N155.4 billion in eleven months of trading on the Nigerian Stock Exchange (NSE). Appreciation of investment in these financial […]

GTBank records revenue of N75.4bn for 1Q 2016

shares

Guaranty Trust Bank plc has released its unaudited financial results for the first quarter ended March 31, 2016 to the Nigerian and London Stock Exchanges.   A review of the 1Q 2016 result shows that the Bank continued to consolidate on its position as one of the most profitable and well managed financial institutions in […]