Guarantee Trust Bank (GTB)

GTCO Grows Profit To N347bn, Assets Now N8.5tn

Sep 4, 2023. by Ekohot Editor

Eko Hot Blog reports that Guaranty Trust Holding Company Plc (GTCO) reported a 217.1% increase in profit before tax to N327.4 billion in the first half of 2023, compared to N103.2 billion in the same period of 2022. The company’s loan book (net) grew by 22.8% to N2.32 trillion in June 2023 from N1.89 trillion … Read more

JUST IN: Five Banks Fined For Forex Infractions (Full List)

Sep 22, 2021. by Ekohot Editor

Black market dollar to naira exchange rate

The total sum paid for infractions by Fidelity bank in H1 2021 was N349.3m lower than the aggregate sum of N414.5m paid as penalties in H1 2020. EKOHOTBLOG reports that five top banks in Nigeria paid a total of N1.4bn as penalties to financial regulatory bodies such as the Central Bank of Nigeria (CBN), Security … Read more