Guaranty Trust Bank PLC has been named the 2013 bank of the year by the African Banker magazine.
The award recognizes financial institutions that have emerged as industry leaders and continent trend setters, due to good corporate governance practices, exceptional service delivery within the financial services industry of their country and innovative products.
Chief Executive Officer of Guaranty Trust Bank PLC, Mr Segun Agbaje attributed the recognition to hard work, discipline and a well-defined operating strategy.
Last year, the bank was named the best bank in Nigeria by the Euro Money magazine for the fourth consecutive year while it earned the 2011 Best Bank in Nigeria award from EMEA finance.
Guaranty Trust Bank also emerged as the first Nigerian financial institution to cross the N100 billion profit before tax milestone from operations at both bank and group levels.
