gtbank – Page 2 of 3 – Prime Business Africa

CBN Sets Limit For GTBank, Zenith Bank, Others On New Naira Withdrawal

The Central Bank of Nigeria (CBN) has instructed Guaranty Trust Bank (GTBank), Zenith Bank, and other commercial banks to start distributing the redesigned Naira notes over the counter. Recall that the central

Fakoyejo Olalekan

2 years ago

Business

Moody’s Says Its Highly Risky To Invest In GTBank, Fidelity Bank, 7 Others

Guaranty Trust Bank (GTBank), Access Bank Plc, First Bank of Nigeria (FBN) and six other commercial banks have been downgraded by the international rating agency, Moody’s. Moody’s, which assesses investment risk in

Fakoyejo Olalekan

2 years ago

Business

GTBank Admits To Money Laundering Failure, Loses $9.3 million

The United Kingdom’s Financial Conduct Authority (FCA) revealed on Tuesday that the UK subsidiary of Guaranty Trust Bank (GTBank) has an inadequate money laundering system. As a result, it fined GTBank £11

Fakoyejo Olalekan

2 years ago

Business

GTBank Blocks Customers From Using Naira Mastercard For International Transactions

Customers of Guaranty Trust Bank (GTBank) have been blocked from conducting international transactions on the naira Mastercard. The financial institution revealed this in an email sent to account holders titled, ‘Important Update

Fakoyejo Olalekan

2 years ago

19 Bank Workers Sacked, As Nigerian Banks Lose N1.17 billion To Fraud

Business

GTBank, UBA, Others To Borrow Exporters N500 billion Due To Forex Scarcity

Guaranty Trust Bank (GTBank), United Bank for Africa (UBA), First Bank, and other Nigerian lenders have agreed to loan N500 billion to export-oriented companies. According to the Governor of the Central Bank

Fakoyejo Olalekan

2 years ago

Naira Scarcity: Zenith Bank's Profit Drops To N223.91bn, Faces N967bn Lawsuits

Business

Zenith Bank, GTBank, Seven Others Risk Credit Downgrade Over Struggle With Forex

Zenith Bank Plc, Guaranty Trust Bank Limited (GTBank), First Bank of Nigeria (FBN) Limited and six other Nigerian banks have been listed for a possible downgrade in their credit ratings by Moody’s,

Fakoyejo Olalekan

2 years ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business·Top Stories

CBN Deducts N838.8 billion Depositors’ Funds From GTBank, Zenith, First Bank, 12 Others

Over N838.82 billion of depositors funds in Zenith Bank, Guaranty Trust Bank (GTBank), First Bank of Nigeria (FBN) and 12 others were debited by the Central Bank of Nigeria (CBN). The CBN

Fakoyejo Olalekan

2 years ago

Business·Insights

How GTCO Shareholders Lost N163.34 billion, Amid Declining Investor Confidence

Shareholders of Guaranty Trust Holding Company (GTCO) lost -21.15% of their investment in the financial institution, as the Segun Agbaje-led firm loses investors’ confidence. GTCO stock had began January at N26 per

Fakoyejo Olalekan

2 years ago

Business·Finance & Economy·Insights

Ranking: Five Best Performing Tier-1 Nigerian Banks In Q1 2022

Customers’ deposits in the vault of Nigerian tier-1 financial institutions, First Bank, United Bank for Africa (UBA), Guaranty Trust Bank (GTBank), Access Bank and Zenith Bank rose to N31.58 trillion as at

Fakoyejo Olalekan

2 years ago

Business·Finance & Economy·Insights

GTBank, Access Bank Record 32,992 Fraud Cases In One Year, As Fraudsters Target Customers’ Accounts

A total of 32,992 fraud cases were perpetrated through the financial system of tier-1 Nigerian lenders, Guaranty Trust (GT) Bank and Access Bank in 2021, more than both firms recorded the previous

Fakoyejo Olalekan

2 years ago

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gtbank - Page 2

CBN Sets Limit For GTBank, Zenith Bank, Others On New Naira Withdrawal

Moody’s Says Its Highly Risky To Invest In GTBank, Fidelity Bank, 7 Others

GTBank Admits To Money Laundering Failure, Loses $9.3 million

GTBank Blocks Customers From Using Naira Mastercard For International Transactions

GTBank, UBA, Others To Borrow Exporters N500 billion Due To Forex Scarcity

Zenith Bank, GTBank, Seven Others Risk Credit Downgrade Over Struggle With Forex

CBN Deducts N838.8 billion Depositors’ Funds From GTBank, Zenith, First Bank, 12 Others

How GTCO Shareholders Lost N163.34 billion, Amid Declining Investor Confidence

Ranking: Five Best Performing Tier-1 Nigerian Banks In Q1 2022

GTBank, Access Bank Record 32,992 Fraud Cases In One Year, As Fraudsters Target Customers’ Accounts

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