type public limited company isin us40124q2084 industry finance founded 17 january 1990 headquarters 635 akin adesola street victoria island lagos lagos state nigeria area served cote d ivoire kenya liberia gambia ghana nigeria rwanda sierra leone uganda united kingdom key people segun agbaje ceo products retail banking commercial banking corporate banking services banking revenue 278.5 billion 2014 operating income 210.8 billion 2014 net income 98.7 billion 2014 total assets 2.3559 trillion 2014 total equity 374.3 billion 2014 number of employees 10 000 2014 website 3 guaranty trust bank plc also known as gtbank or simply gtb is a nigerian multinational financial institution that offers online internet banking retail banking corporate banking investment banking and asset management services based in victoria island lagos . contents 1 history 2 leadership 3 branches and subsidiaries 4 references 5 external links history edit guaranty trust bank plc was incorporated as a limited liability company licensed to provide commercial and other banking services to the nigerian public in 1990 and commenced operations in february 1991 . in september 1996 guaranty trust bank plc became a publicly quoted company and won the nigerian stock exchange president s merit award . in february 2002 the bank was granted a universal banking license and later appointed a settlement bank by the central bank of nigeria cbn in 2003 . 1 guaranty trust bank undertook its second share offering in 2004 and raised over n11 billion from nigerian investors to expand its operations . on 26 july 2007 gtbank became the very first subsaharan bank and first nigerian joint stock company to be listed on london stock exchange and deutsche b rse . the ipo raised us 750 000 000 . 2 in the same year they successfully placed nigeria s first private eurobond issue on the international capital markets . 3 the gtbank usd 500 000 000 eurobond was the first ever benchmark eurobond issue by a nigerian corporate and the second eurobond programme by gtbank in the last 5 years . 4 the long term debts of guaranty trust bank plc are rated bb by standard & poor s and aa by fitch ratings which are the highest ratings for a nigerian bank . 5 6 they introduced online banking and sms banking in nigeria and a naira denominated mastercard as well as the platinum and world signia cards and with gtb on wheels mobile branches . on 12 march 2008 gtbank was given a banking licence for the united kingdom by the financial services authority . 7 gtbank is a partner of eko atlantic city a new made island 820 ha . in the atlantic ocean adjacent to victoria island lagos . it will be the home of the new financial district . the building of eko atlantic city started in 2009 and is expected to be finished in 2016 . 8 to commemorate the bank s 20th anniversary the nigerian postal service issued a set of gtbank anniversary postage stamps . this was the first time in nigeria that a corporate organization was honored in such a way . 9 in 2011 the bank became the biggest bank in nigeria by market capitalisation . 10 in 2013 the bank issued a usd 400 000 000 euro bond at a coupon rate of 6 % ; the least obtained by a nigerian company in the international capital market . the eurobond was issued under the usd 2 000 000 global medium term note programme which is registered under both regulation in the united state of america and rule 144a in the united kingdom and sold to investors across africa america asia and europe . 11 the bank has over 10 000 employees . 12 leadership edit mrs osaretin demuren is chairman ; segun agbaje is managing director ceo ; cathy echeozo is deputy managing director . the other members of board of directors includes akindele akintoye adebayo adeola andrew alli olabode augusto ibrahim hassan hezekiah oyinlola imoni akpofure olutola omotola demola odeyemi haruna musa and wale oyedeji . 13 branches and subsidiaries edit gtbank plc has 231 branches 17 cash centres 18 e branches 35 gtexpress locations and more than 1165 atms in nigeria . gtbank has expanded to cote d ivoire gambia ghana liberia sierra leone uganda kenya and rwanda . these countries belong to the eco zone . it has also expanded to the united kingdom . with the acquisition of a 70 per cent stake in fina bank gtbank expanded into the east african market as at december 2013 . as a consequence fina bank will now be renamed and rebranded as subsidiaries of gtbank . 14 references edit gtbank.com forbes.com nigeria s guaranty trust bank to raise 750 mln usd from london listing 11 september 2007 clickafrique.com gtbank completes nigeria s first private eurobond issue . thisdaylive.com gtbank s us 500 million eurobond oversubscribed 1 allafrica.com nigeria gtbank gets aa by fitch 16 april 2009 allafrica.com gtbank to commence operations in uk ekoatlantic.com nigeriacommunicationsweek.com.ng nipost launches stamps to mark gtbank 20th anniversary thisdaylive.com gtbank leads banking stocks in market capitalisation 2 gtbank.com the board guaranty trust bank plc . gtbank plc. retrieved 9 july 2015 . allafrica.com nigeria gtbank concludes acquisition of fina bank kenya external links edit bsl finance guaranty trust bank profile bsl finance guaranty trust bank summary guaranty trust bank 2011 annual report guaranty trust bank 2012 annual report guaranty trust bank 2013 annual report guaranty trust bank 2014 annual report guaranty trust bank web page retrieved from https en.wikipedia.org w index.php title guaranty trust bank & oldid 742649408 categories companies listed on the nigerian stock exchangecompanies listed on the london stock exchangecompanies based in lagosbanks of nigeriabanks of ivory coastbanks of the gambiabanks of ghanabanks of liberiabanks of the united kingdomcompanies of nigeriabanks established in 1990victoria island lagosbankshidden categories engvarb from february 2015use dmy dates from february 2015 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 deutschfran ais edit links this page was last modified on 4 october 2016 at 23 22 . text is available under the creative commons attribution sharealike license ; 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