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The Best Bank in Nigeria

In ESSAY on October 5, 2011 at 1:01 pm

The Best Bank in Nigeria

GTBank is adjudged “Best Bank in Nigeria” by Euromoney for 3rd consecutive year

For the third consecutive year, Guaranty Trust Bank, one of Africa‘s foremost Banking groups has been named “Best Bank in Nigeria” by pre-eminent international finance magazine Euromoney. The award was presented at the 2011 EuromoneyAwards for Excellence Dinner, held in London on July 7th, 2011.
In recognizing Guaranty Trust Bank for the award, Euromoney Editor Clive Horwood highlighted how “although the bank is only 20 years old,  it is the flagship institution for the sector, employing up-to-date banking practices and technology to grow organically into one of the country’s five biggest banks. With its London share listing, GTBank remains the firm favourite in terms of transparency, corporate governance, risk management and consistency of profitability.”
Speaking at the event, Segun Agbaje, Acting Managing Director of the Bank, attributed the award to a conscious adherence to the principles of professionalism, financial excellence and integrity by the Bank, which have translated into the development of a strong, stable and profitable brand that the public is willing to associate with. He also reiterated that the award is testimony to the dedication and efforts of all GTBank staff in ensuring that the Bank continually sets new heights in banking excellence in Nigeria and other countries where it operates.
Regarded as the benchmark awards for financial services globally, Euromoney, through its Awards for Excellence, has singled out outstanding institutions in finance since 1992. This year’s awards process attracted over 600 submissions from the world’s banks and brokerage houses. Euromoney‘s dedicated research team and awards panel then rated all the submissions on both quantitative and qualitative factors such as KPI’s, financial ratios and innovation over the 12 month period to decide the award winners.
Established in 1990, Guaranty Trust Bank has grown organically to become one of Africa’s foremost financial services groups with operations spread across all Anglophone West African countries (Nigeria, Gambia, Ghana, Liberia, Sierra Leone) and the United Kingdom. The Bank has an asset base of over 1 trillion Naira, shareholders funds of over 190 billion Naira and employs over 5000 people. The Bank was recently adjudged the 2011 Most Customer Focused Bank in Nigeria (Corporate) by KPMG.
…Yet Another First: GTBank Introduces Fast-Track Banking Services For Customers

As part of efforts to continually reposition its services for enhanced and efficient customer service delivery, Guaranty Trust Bank has introduced an exclusive in-branch banking service for all its customers called ‘FASTTRACK’.
The FastTrack service from GTBank, which is the first of its kind to be implemented in the Nigerian Banking industry,  is an fast, secure, innovative in-branch banking service exclusive to GTBank customers that allows them perform all cash based banking transactions with only their debit cards and the PIN-PADS, a new, secure technology available in all GTBank branches. The service has been described as convenient, secure and efficient.
According to Lola Odedina, General Manager and Head, Communication and External Affairs, the FastTrack service is set to revolutionalize service delivery by significantly reducing turn-around time for walk-in customers who wish to conduct cash based deposits and withdrawals.
She further stated that the PIN-PADS have been implemented to ensure seamless operations of the Fast track service and is exclusive only to GTBank account and Naira MasterCard holders.
To utilize the FastTrack service, any GTBank customer can simply walk into the nearest GTBank branch with a Naira MasterCard and perform a cash deposit or withdrawal using the PIN-Pad.

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