The Guaranty Trust Bank group has been adjudged the ‘Best Bank in Africa’ at the just-ended 2014 Euromoney Awards that took place at the Natural History Museum in London, UK, on Thursday, July 10, 2014. This recognition makes GTBank the first Nigerian bank group to win the award.
Similarly, Guaranty Trust Bank Plc — parent company of Guaranty Trust Bank (Ghana) Limited — was awarded as ‘Best Bank in Nigeria’ during the same ceremony.
The awards recognise institutions that have demonstrated leadership, innovation, and momentum in the markets in which they operate. Euromoney combines quantitative and qualitative data to honour institutions that have brought the highest levels of service, innovation and expertise to their customers.
According to Mr. Clive Horwood, Euromoney Magazine’s Editor: “GTBank stands out this year not only because of the bank’s stellar performance in its home country, but precisely because the bank represents a new standard of local expertise…which is successfully delivering on its regional ambitions. GTBank stands out as Euromoney’s best bank in Africa for its ability to adapt to local situations while maintaining international standards of best practice”.
Receiving the awards on behalf of GTBank, Segun Agbaje, Group Managing Director/CEO of Guaranty Trust Bank plc, said: “We are humbled by these awards, yet proud to receive them as they are an acknowledgement of the unwavering commitment and hard work of the Board, Management and Staff of GTBank”.
He added that winning the ‘Best Bank in Africa’ award is also an affirmation of our institution as a Proudly African and Truly International Bank.”
Whilst thanking the bank’s customers for their continuous patronage and tremendous support over the years, he further stated that the bank will continue to leverage its brand equity to tap into the growth potentials of African economies.
The Managing Director of Guaranty Trust Bank (Ghana) Limited, a subsidiary of the group, Mr. Lekan Sanusi commenting on the achievement stated: “We are always delighted about recognitions like this because they go to buttress our rationale of belonging to a strong group”.
Mr. Sanusi added that “By these awards, customers are assured and should feel proud that their bank is in good shape”.
Euromoney is a monthly financial magazine focused on business and finance covering global banking, macroeconomics and capital markets, including debt and equity. It recognises financial institutions worldwide that have recorded significant feats within their operating environments, continuously display innovation and record excellent financial performance year on year.
GTBank has consistently played a leading role in Africa’s banking industry. The GTBank brand is regarded by industry watchers as one of the best-run financial institutions across its subsidiary countries, and serves as a role-model within the financial service industry due to its bias for world-class corporate governance standards, excellent service quality and innovation.