GTBank Named 'Best Bank In Nigeria, Africa' At Euromoney Awards

Nigeria’s foremost financial institution, Guaranty Trust Bank plc, GTBank, recently made Africa proud when it emerged the ‘Best Bank in Africa’ at the 2014 Euromoney Awards. The Bank was also named the ‘Best Bank in Nigeria’ at the same event.

This now made GTBank to become first Nigerian Bank to win Euromoney ‘Best Bank in Africa’ award.

The prestigious occasion took place in London at the Natural History Museum on Thursday, July 10, 2014.

Euromoney is a monthly financial magazine focused on business and finance covering global banking, macroeconomics and capital markets, including debt and equity. It recognizes financial institutions worldwide that have recorded significant feats within their operating environments, continuously display innovation and record excellent financial performance year on year.

Speaking at the ceremony, the Editor of Euromoney Magazine, Clive Horwood, noted that, “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 in Nigeria 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, stated that, “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. Being the first Nigerian Bank to win 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 Euromoney awards recognises 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.

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.