guaranty trust bank east africa type private industry financial services founded 1986 headquarters kimathi street nairobi kenya key people dhanu hansraj chandaria group chairman tim marshall chief group operating officer rajesh kapoor group managing director products banking mortgages investments revenue aftertax us 1.43 million total assets us 338 million july 2013 website homepage guaranty trust bank east africa also known as gt bank east africa formerly known as fina bank group is a financial services organization in east africa . the group s headquarters are located in nairobi kenya with subsidiaries in kenya rwanda and uganda . contents 1 history 2 overview 3 member companies 4 see also 5 references 6 external links history edit the institution began operations as a non banking financial company in 1986 . in 1991 it was acquired by private investors who converted it into a commercial bank in 1995 following the acquisition of a banking license from the central bank of kenya the country s banking regulator . the bank opened its doors as a fully fledged commercial bank in 1996 . in 2004 fina bank acquired bacar a privately owned bank that had been seized due to managerial reasons by the national bank of rwanda rwanda s banking regulator . in 2005 the bank changed its business strategy and re launched fina bank as a banking institution that focuses on serving small and medium sized enterprises smes . between 2005 and 2008 the bank re organized its operations in rwanda and continued branch expansion in kenya . in 2008 fina bank re organized its operations in rwanda and opened up business in uganda with two brand new branches . 1 in july 2013 the nigerian lender guaranty trust bank acquired 70 % shareholding in fina bank group for a cash infusion of us 100 million . 2 in january 2014 the member companies of fina bank group rebranded as subsidiaries of guaranty trust bank . 3 in february 2014 fina bank group rebranded to guaranty trust bank east africa . 4 overview edit gt bank east africa is a medium sized financial services provider in east africa focusing on meeting the banking needs of sme businesses . in july 2013 the group s total assets were valued at us 338 with shareholders equity in excess of us 140 million . at that time the group operated 38 bank branches across east africa ; 17 in rwanda 14 in kenya and 7 in uganda . 5 member companies edit the companies that comprise gt bank east africa include the following as at january 2014 . the government of rwanda owns the 7.96 % in guaranty trust bank rwanda that the group does not own . 6 company shareholding guaranty trust bank kenya 100 % guaranty trust bank uganda 100 % guaranty trust bank rwanda 92.04 % see also edit guaranty trust bank kenya guaranty trust bank rwanda guaranty trust bank uganda economy of kenya references edit the history of fina bank group guaranty trust bank of nigeria acquires 70 % stake in kenya s fina bank group gt bank concludes acquisition of fina bank group fina bank rebrands following buyout by gt bank estimated group financials as of july 2013 fina bank group increases shareholding in subsidiaries external links edit guaranty trust bank website nigerian bank buys into fina v t e banks of kenya central bank central bank of kenya commercial bank african banking corporation bank of africa barclays bank bank of baroda bank of india cfc stanbic bank chase bank citibank na kenya commercial bank of africa consolidated bank of kenya cooperative bank of kenya credit bank development bank of kenya diamond trust bank east african development bank ecobank kenya equity bank family bank fidelitybank first community bank giro commercial bank guaranty trust bank kenya guardian bank gulf african bank habib bank habib bank ag zurich housing finance company of kenya i & m bank limited imperial bank limited jamii bora bank kenya commercial bank middle east bank kenya m oriental bank national bank of kenya nic bank paramount universal bank post bank prime bank sidian bank spire bank standard chartered kenya trans national bank kenya united bank for africa victoria commercial bank financial services organization diamond trust bank group equity group holdings limited commercial bank of africa group guaranty trust bank east africa i & m bank group kenya commercial bank group nic bank group foreign banks bank of china bank of kigali hdfc bank nedbank the hongkong and shanghai banking corporation first rand defunct banks dubai bank kenya euro bank microfinance institutions faulu microfinance bank limited smep microfinance bank kenya women microfinance bank related topics automated teller machine atm atm usage fees de materialisation demat foreign exchange forex financial services real time gross settlement rtgs national electronic fund transfer neft structured financial messaging system sfms retrieved from https en.wikipedia.org w index.php title guaranty trust bank east africa & oldid 647132762 categories banks of kenyacompanies of kenya1986 establishments in kenyahidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 14 february 2015 at 18 39 . text is available under the creative commons attribution sharealike license ; 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