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Guaranty Trust Bank (Kenya) Ltd, commonly referred to as GTBank Kenya, is a commercial bank in Kenya and a subsidiary of the Nigerian Guaranty Trust Bank Plc. It is licensed by the Central Bank of Kenya , the central bank and national banking regulator.
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The GTBank US$500,000,000 Eurobond was the first-ever Benchmark Eurobond issue by a Nigerian corporate and the second Eurobond programme by GTBank in the last 5 years. [11] The long-term debts of Guaranty Trust Bank plc are rated BB-by Standard & Poor's and AA− by Fitch Ratings, which are the highest ratings for a Nigerian bank. [12] [13]
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Guaranty Trust Bank (Rwanda) plc, commonly referred to as GTBank Rwanda, is one of the licensed commercial banks in the Republic of Rwanda. It has been part of Nigerian Guaranty Trust Bank since 2013. As of December 2020, Guaranty Trust Bank (Rwanda) plc had an estimated asset base of US$ 131.309million (RWF:132.571billion). [2]
As of December 2019, GT Bank Uganda had assets valued at UGX:225 billion (approx. US$58.22 million) with shareholders equity of UGX:38 billion (approx. US$9.83 million).). That calendar year, the institution made UGX:2 billion (approx. $518,000) in pre-tax profit and UGX:1 billion (approx. $259,000) in after-tax profit, the first time the institution was profitable in the previous 12 ye
According to a 10 November 2017 Innoson Group press release, the company was a GTBank customer. The issue dated back to 2012, when the bank "arbitrarily imposed and debited [their] current account in excessive and unlawful charges". [4] Innoson sued GTBank, and several judgements were appealed by both sides.