The Nigerian Markets Snapshot

 


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GT Bank’s PERFORMANCE FOR THE PERIOD ENDED 30TH SEPT. 2020

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 Guaranty Trust Bank Plc is a Nigerian tier-1 bank currently considering a holding company structure despite a strong standalone strength drives and intrinsic creditworthiness. GTBank, with business operation in Nigeria,  Ghana, Cote D’Ivoire, Gambia, Sierra Leone,Liberia, and the United Kingdom was recently declared as the best digital bank by a leading rating agency. Below is the snapshot of the firm’s unaudited financial statement for the period ended 30 September 2020. SPOTLIGHT ·       As a result of COVID-19 pandemic, The Bank activated its Business Continuity Plans and one of the initiatives to prevent business disruptions while ensuring adequate customer service delivery was virtual working approach to reduce exposure through provision of virtual private network (VPN) access to staff from different remote locations without compromising security. This input, as evidenced by the award as the ‘Nigeria’s best digital bank in 2020 by ...
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