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They introduced online banking and SMS banking in Nigeria and a naira denominated MasterCard as well as the Platinum and World Signia cards and with GTB-on-wheels, mobile branches. On 12 March 2008, GTBank was given a banking licence for the United Kingdom by the Financial Services Authority.
Between 2005 and 2008, Fina Bank Kenya established subsidiaries in Rwanda and Uganda, forming the Fina Bank Group. 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.
The bank balked, offering the court a guarantee instead and appealing to the Supreme Court. [citation needed] The bank's appeal was heard at the Supreme Court in Abuja on 7 June 2018. The court sided with GTBank, paving the way for the bank’s appeal of the Akwa High Court judgment at the Court of Appeal in Enugu.
Fidelity Bank Plc; First Bank Nigeria Ltd, part of First Bank of Nigeria Group; First City Monument Bank Plc; Globus Bank Ltd; Guaranty Trust Bank Plc, part of GTCO Group; Keystone Bank Ltd; Nova Commercial Bank Ltd; Optimus Bank; Parallex Bank Ltd; Polaris Bank Plc; Premium Trust Bank; Providus Bank Ltd; Signature Bank Ltd; Stanbic IBTC Bank Plc
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.
The Anglo-Egyptian Bank and the National Bank of South Africa gave birth to Barclays Bank in Nigeria. In 1948, the British and French Bank for Commerce and Industry started operations in Nigeria, which metamorphosed into the United Bank for Africa. [3] The first domestic bank In Nigeria was established in 1929 and called the Industrial and ...
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
The bank has since expanded beyond Nigeria to other neighbouring African countries (The Gambia, Sierra Leone, Ghana and Liberia) and in United Kingdom. The bank became listed on the Nigerian Stock Exchange in 1996. [7] In 2002, Adeola voluntarily retired from Guaranty Trust Bank, after twelve years, handing over to his deputy, Tayo Aderinokun.