Guaranty Trust Bank Plc was on Thursday recognised as the Best Bank in Nigeria and Best Bank in Africa at the 2014 Euromoney Awards that held in London.
Euromoney is a monthly financial magazine focused on business and finance, covering global banking, macroeconomics and capital markets, including debt and equity. It recognises financial institutions worldwide that have recorded significant feats within their operating environments, continuously display innovation and record excellent financial performance year on year.
The awards recognise institutions that have demonstrated leadership, innovation, and momentum in the markets in which they operate.
Euromoney combines quantitative and qualitative data to honour institutions that have brought the highest levels of service, innovation and expertise to their customers.
According to Mr. Clive Horwood, Euromoney Magazine’s Editor, “GTBank stands out this year not only because of the bank’s stellar performance in its home country, but precisely because the bank represents a new standard of local expertise in Nigeria which is successfully delivering on its regional ambitions.
“GTBank stands out as Euromoney’s best bank in Africa for its ability to adapt to local situations while maintaining international standards of best practice.”
Receiving the awards on behalf of GTBank, Segun Agbaje, Group Managing Director/CEO of Guaranty Trust Bank Plc said: “We are humbled by these awards, yet proud to receive them as they are an acknowledgement of the unwavering commitment and hard work of the Board, Management and Staff of GTBank. Being the 1st Nigerian Bank to win the ‘Best Bank in Africa’ award is also an affirmation of our institution as a Proudly African and Truly International Bank.”
Whilst thanking the bank’s customers for their continuous patronage and tremendous support over the years, he further stated that the bank will continue to leverage its brand equity to tap into the growth potentials of African economies.