Guaranty Trust (GT) Bank East Legon Branch

 

Guaranty Trust (GT) Bank East Legon Branch

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Description

Guaranty Trust Bank (Ghana) Limited, Bank of the Year for two consecutive years in 2009 and 2010, was registered in Ghana in October 2004 and obtained its universal banking license from the Bank of Ghana on 23rd February, 2006, thereby paving the way for the commencement of operations. The Bank is a subsidiary of Guaranty Trust Bank Plc, one of the foremost banks in Nigeria with a Triple A rating; the first indigenously owned sub-Saharan bank to be quoted on the London Stock Exchange. In 2008, GTBank Plc became the first new generation indigenous African bank to obtain a banking license to carry out fully fledged commercial banking activities in the United Kingdom. GTBank Plc, currently owns 95.72% of the issued share capital of Guaranty Trust Bank (Ghana) Limited, with Nederlandse Financierings-Maatschappij Ontwikkelingslanden N.V. (FMO) holding 2.14% and Alhaji Yusif Ibrahim, a Ghanaian business entrepreneur, holding the remaining 2.14%. Presently, Guaranty Trust Bank (Ghana) Limited's shareholder’s funds is in excess of GHS144 million, thus, providing the Bank with a competitive advantage in terms of business capacity and the readiness to handle relatively big-ticket transactions