News Thumb Magazine ..news reporting..
…Wins Award for Nigeria’s Best Bank for a record 10th time
Guaranty Trust Bank Plc has been awarded the Euromoney Excellence in Leadership
Africa Award, a premier award category set up to recognize banks around the world who are
playing a pivotal role during the Covid-19 pandemic. The foremost African financial
institution, which was also named Nigeria’s Best Bank for a record 10th time, waslaudedfor its
swift reaction in responding to the Covid-19 crisis and for addressing the impact of the
pandemic on its customers and communities.
Announcing GTBank’s Excellence in Leadership Award, Euromoney said; “One of the first
things Nigeria’s Guaranty Trust Bank did with the onset of the Covid-19 pandemic was to get in
touch with local authorities to see how the bank could help. Recognizing that the pandemic
would stretch the public healthcare system, the Bank partnered with local authorities to set up a
care facility for people with Covid-19.
“GTBank also granted small and medium-sized enterprises a grace period of 90 days which
has since been extended by a further 3 months on all loan payments. It is also developing other
resources to help SMEs better understand and navigate the impact of the pandemic,”the magazine added.
Whilst being lauded for its exemplary leadership during a global crisis, GTBank is also receiving
accolades for its digital drive to radically expand access to financial services and consistency in
delivering the best performance across key financial indices. Key to the bank’s emergence as
Nigeria’s Best Bank at Euromoney Awards is its leading role in driving world class corporate
governance standards, excellent service quality and innovation in Africa’s banking industry
Commenting on the Bank’s Euromoney Awards, the Chief Executive Officer of GTBank, Segun
Agbaje, said; “We feel very humbled to be awarded the Excellence
in Leadership in Africa Award and immensely proud to be named Nigeria’s Best Bank for a
record tenth time. These awards reflect what we are all about at GTBank giving back to
society and adding value to people’s lives. They are also testaments to our commitment to
always be there for our customers and communities as a beacon of hope, an engine of progress
and a platform for enriching lives.”
He further stated that; “As we continue to navigate the fallout of this pandemic, the imperative of
our time as an organization remains safeguarding our lives and livelihoods. This means that we
will continue to lead from the frontlines by protecting our employees, serving our customers
wherever they may be, helping businesses make it through these uncertain times and
supporting public authorities in combatting the pandemic.”
GTBank is regarded by industry watchers as one of the best run financial institutions in Africa
and serves as a role model within the financial service industry due to its bias for world class
corporate governance standards, excellent service quality and innovation. Renowned for its
forward-thinking approach to financial services and customer engagement, the Bank was
recently ranked Africa’s Most Admired Finance Brand in the 10th-anniversary rankings of Brand.
