Guaranty Trust Bank Plc (GTBank) said it was recently recognised as â€˜Nigeriaâ€™s Best Bank & Africaâ€™s Best Bank for SMEsâ€™ during the 2017 Euromoney Awards which held in London.
Now in its 26th year, the Euromoney Awards for Excellence covers more than 20 global product categories, best-in-class awards and the best banks in over 100 countries around the world by recognising institutions that have demonstrated leadership, innovation, and momentum in the markets they operate.
In selecting its recipients, Euromoney combines quantitative and qualitative data to honor institutions that have brought the highest levels of service, innovation and expertise to their customers.
According to a statement while commenting on the award, Managing Director/CEO of GTBank, Segun Agbaje said: “We are honored to win the Best Bank in Nigeria award a record eight times and to be recognised as Africaâ€™s Best Bank for SMEs. These awards reflect our progress in building strong, value adding relationships with our customers whilst positioning the bank as the financial institution for small and medium enterprises through our creation of free business platforms that are geared towards promoting enterprise in key economic sectors.
“We remain committed to maximising shareholdersâ€™ value and delivering superior and sustainable return, guided by our founding values of hard work, discipline and integrity.”
Also, Euromoney Magazineâ€™s Editor, Mr. Clive Horwood, said: â€œNigeria went through a difficult year, as low oil prices and capital flight continued to hurt the countryâ€™s economy. Many banks struggled as a result of this but GTBank remained strong, recording significant and enviable financial and non-financial performance.
According to him, the bankâ€™s digital transformation drive has been very successful as it has enabled the bank to deepen financial inclusion across Africa with its array of tailor-made digital solutions that has made banking simpler and more accessible.â€