Parent Bank - Guaranty Trust Bank plc
Guaranty Trust Bank plc was incorporated as a limited liability company licensed to provide commercial and other banking services to the Nigerian public in 1990. The Bank commenced operations in February 1991, and has since then grown to become one of the most respected and service focused banks in Nigeria.
In 2007, GTBank plc entered the African business landscape history books as the first Nigerian financial institution to undertake a US$350 million regulation S Eurobond issue and a US$750 million Global Depositary Receipts (GDR) Offer. The listing of the GDRs on the London Stock Exchange in July that year made the Bank the first Nigerian Company and African Bank to attain such a landmark achievement.
Guaranty Trust Bank plc has a Foreign Currency Long Term IDR of B+ and a National Long-Term Rating of AA-(nga) from Fitch Rating, an AA- from Agusto & Co. and a double B minus rating from Standard and Poor’s. The Bank also has an ISO 9001:2000 certification from the International Standards Organization (ISO). GTBank plc has been the subject of business and brand reviews by the Harvard and Cranfield Business Schools.
Guaranty Trust Bank plc operates from 156 business offices in Nigeria with several bank and non-bank subsidiaries spread across the United Kingdom and Anglophone West Africa nations including The Gambia, Ghana, Liberia and Sierra Leone.