GTBank Cel­e­brates 10th An­niver­sary of List­ing on LSE


Guar­anty Trust Bank Plc (GTBank) is cel­e­brat­ing the 10th an­niver­sary of its list­ing on the Lon­don Stock Ex­change (LSE) as the first Nige­rian bank to be listed on the Lon­don bourse.

The bank is the first to dual list on an in­ter­na­tional ex­change and the first Nige­rian com­pany to raise in­ter­na­tional cap­i­tal us­ing listed Global De­posi­tary Re­ceipts.

To mark the pi­o­neer­ing feat, the Man­ag­ing Direc­tor/ Chief Ex­ec­u­tive Of­fi­cer of GTBank, Mr. Se­gun Ag­baje, led the mar­ket open cer­e­mony at the LSE last Fri­day, ac­com­pa­nied by se­nior rep­re­sen­ta­tives of the bank and other in­sti­tu­tional part­ners.

The LSE is a di­ver­si­fied in­ter­na­tional ex­change that of­fers in­ter­na­tional busi­ness, and in­vestors, un­ri­valled ac­cess to Europe’s cap­i­tal mar­kets.

A state­ment from the bank at the week­end ex­plained that since its list­ing on the LSE, GTBank has em­barked on a decade of un­par­al­leled growth, lead­ing the fi­nan­cial in­dus­try in prof­itabil­ity and prod­ucts and service de­liv­ery.

Com­ment­ing on the an­niver­sary, Ag­baje, said: “To be listed on the Lon­don Stock Ex­change, one of the most il­lus­tri­ous ex­changes in the world, was a pi­o­neer­ing feat which re­mains fresh in our minds.

“We are deeply grate­ful to all our in­vestors and part­ners for the in­te­gral role they played and their con­fi­dence in our abil­ity to pull of that gi­ant leap. Ten years on, we re­main com­mit­ted to max­imis­ing share­hold­ers’ value and de­liv­er­ing su­pe­rior and sus­tain­able re­turn, guided by our found­ing val­ues of hard work, dis­ci­pline and in­tegrity.”

GTBank of­fers a wide range of fi­nan­cial ser­vices and prod­ucts through­out Nige­ria, with strong foot­prints in West and East Africa, as well as the United King­dom.

GTBank had been recog­nised as the Best Bank in Nige­ria by Euromoney (2016), the African Bank of the Year by the African Banker Magazine (2016) the Best Bank in Africa for Cor­po­rate Gov­er­nance (2015) and the Most In­no­va­tive Bank in Africa by African In­vestor (2016).

L-R: Pres­i­dent, News­pa­pers Pro­pri­etors’ As­so­ci­a­tion of Nige­ria (NPAN) and Chair­man, THISDAY/ARISE TV, Nduka Obaig­bena, Sec­re­tary of In­ter­na­tional Press In­sti­tute (IPI) Nige­ria, Mr. Raheem Ade­doyin; Ex­ec­u­tive Sec­re­tary of the Nige­rian Press Coun­cil...

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