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RBI examined GTB's accounts for 2001-2 and found that GTB's net worth had turned negative, but did not close the bank. [1] GTB did not address its problems. Instead, and despite its dire straits, GTB continued to grow. It had 87 branches in 2002–2003, and grew to 103 branches before the RBI forced it to close. [2]
As of May 2014, Global Trust Bank was 45.3% owned by Nigeria’s largest insurance company Industrial and General Insurance Company Plc. (IGI). The remaining 54.7% was owned by four corporate investors, each holding less than 5%, and by eight individual investors, each holding no more than 5% of the bank's issued and authorized share capital.
Guaranty Trust Bank (Rwanda) plc, commonly referred to as GTBank Rwanda, is one of the licensed commercial banks in the Republic of Rwanda. It has been part of Nigerian Guaranty Trust Bank since 2013. As of December 2020, Guaranty Trust Bank (Rwanda) plc had an estimated asset base of US$ 131.309million (RWF:132.571billion). [2]
GTCO Plc was created in July 2021 following the corporate reorganization of Guaranty Trust Bank PLC (or GTBank) into a Holding Company. [ 2 ] GTCO Plc's reorganisation means it will now offer more services beyond banking; with a payments business being top of mind for the group. [ 3 ]
Guaranty Trust Bank (Uganda), commonly referred to as GT Bank Uganda, is a Tier II credit services company in Uganda. It was previously licensed as commercial bank by Bank of Uganda , the central bank and the national banking regulator of that country. [ 2 ]
In 2013 Guaranty Trust Bank of Nigeria, acquired 70% shareholding in Fina Bank Group for a cash consideration of US$100 million. [3] In January 2014, Fina Bank Kenya and her subsidiaries rebranded to reflect the change in ownership. In February 2014, Fina Bank Group rebranded to Guaranty Trust Bank (East Africa). [4] [5] [6]
Segun Julius Agbaje (born Olusegun Agbaje; 1964) is the Group Chief Executive Officer of Guaranty Trust Holding Company Plc (also known as GTCO PLC) a multinational financial services group, that offers retail and investment banking, pension management, asset management and payments services, headquartered in Victoria Island, Lagos, Nigeria.
GTB may refer to: Grand Traverse Band of Ottawa and Chippewa Indians; A music group from East Africa founded by gtbemzee and Mightytrevon [Glad To Be]