Euromoney Magazine has recognized Guaranty Trust Bank Plc (GTBank) as the 2012 best bank in Nigeria.
GTBank has won this award for the last four years. Euromoney awards for excellence is done every year to honour financial institutions worldwide. This years award which was held in London is done by Euromoney magazine, a monthly periodical, published by Euromoney Institutional Investor.
On the banks website, a news statement read in part, "Guaranty Trust Bank plc, one of Africa’s leading Banking Groups has been recognized as the 2012 ‘Best Bank in Nigeria’ by Euromoney Magazine for the fourth consecutive year.
"The award which was presented during the 2012 Euromoney Awards for Excellence Dinner, in London on July 5th, 2012, recognizes financial institutions worldwide that have recorded significant feats within their operating environments, continuously display innovation and record excellent financial performance year on year.
"According to Mr. Clive Horwood, Euromoney Magazine’s Editor, GTBank’s receipt of the prestigious Bank of the Year Award for the fourth time in a row is an unprecedented feat which pays testimony to the Bank’s position as a first class, profitable and focused institution.
"Guaranty Trust Bank’s effort to consolidate its position as a foremost African brand and the Bank of choice for discerning customers has led to numerous laurels within the last year. These include the 2011 Bank of the Year Award for Nigeria from The Banker Magazine, the 2011 Best Bank in Nigeria Award from EMEA Finance Awards and more recently its Group Managing Director/CEO emerged as the 2012 African Banker of the Year during the African Banker Awards."