Guaranty Trust Holding Company PLC also known as GTCO PLC is a multinational financial services group, that offers retail and investment banking, pension management, asset management and payments services, headquartered in Victoria Island, Lagos, Nigeria. GTCO Plc was created in July 2021 following the corporate reorganization of Guaranty Trust Bank PLC (or GTBank) into a Holding Company.[1]
GTCO Plc's reorganisation means it will now offer more services beyond banking; with a payments business being top of mind for the group.[2] Under its old structure, it could not have run non-lending businesses because a 2010 regulation[3] by the Central Bank of Nigeria (CBN) mandated banks to stop operating their non-banking subsidiaries. They either had to divest from non-core lending service or restructure as a holdings company.
Its new businesses include payments, pension management, asset management, and its existing banking business. GTCO's banking subsidiary in Nigeria, Guaranty Trust Bank Limited is Nigeria’s most valuable bank by market value with its most recent market valuation [4] at N840.26 billion.
Guaranty Trust Holding Plc original started as Guaranty Trust Banks, and it was founded in 1988 by over 35 young Nigerians in their thirties, spearheaded mostly by Tayo Aderinokun and Fola Adeola, but also included Femi Pedro, Gbolade Osibodu, Femi Akingbe, Akin Opeodu, and others.[5]
^"Guaranty Trust Holding Company Completes Corporate Re-organization".
^"One of Nigeria's biggest banks, GTBank is restructuring to take on the fintech industry | TechCabal". 26 March 2020.
^"Archived copy" (PDF). Archived from the original (PDF) on 12 February 2022. Retrieved 13 August 2021.{{cite web}}: CS1 maint: archived copy as title (link)
^"Top 7 banks in Nigeria by market valuation - Nairametrics". 26 June 2021.
^"THEY DARED, THEY DID: THE STORY OF YOUNGSTERS THAT FOUNDED GTB". JarusHub - Nigeria's No. 1 Career Website. 10 October 2016. Retrieved 18 January 2018.
and 20 Related for: Guaranty Trust Holding Company PLC information
GuarantyTrustHoldingCompanyPLC also known as GTCO PLC is a multinational financial services group, that offers retail and investment banking, pension...
Bank Plc Fidelity Bank Plc First City Monument Bank Limited First Bank of Nigeria Limited GuarantyTrustHoldingCompanyPlc Union Bank of Nigeria Plc United...
1964) is the Group Chief Executive Officer of GuarantyTrustHoldingCompanyPlc (also known as GTCO PLC) a multinational financial services group, that...
the largest companies in Nigeria by revenue and market capitalization as of 2024, according to the ranking of the largest 500 companies in Africa by...
naira in the run-up to the 2015 presidential election from GuarantyTrustHoldingCompanyPLC's Investment One, in three tranches of N100 million, N50 million...
a Nigerian businessman and investor. He is a Co-Founder of GuarantyTrust Bank (GTBank Plc.)., a member of the Commission for Africa, as well as founder...
Bank of Kenya Diamond Trust Bank Dubai Islamic Bank Ecobank Kenya Equity Bank Kenya Family Bank First Community Bank GuarantyTrust Bank Kenya Guardian...
Bank for Africa Plc (UBA) The first Eurobond issue by a Sub-Saharan Africa corporate outside South Africa – GuarantyTrust Bank Plc The first listing...
Santander UK. On 18 September 2008, Lloyds TSB plc entered into a confirmed agreement to take over HBOS plc, which took effect on 19 January 2009, when HBOS...
SOKOA Chair Centre Limited following a venture merge with SOKOA S.A and GuarantyTrust Bank in 2004. A fellow of the African Leadership Initiative and Aspen...
plc Arab Gambian Islamic Bank Bank PHB Banque Sahélo-Saharienne pour l'Investissement et le Commerce Ecobank First International Bank GuarantyTrust Bank...
human resources management. Agbede began her professional career with GuarantyTrust Bank in 1992 and rose to the position of Manager in 2001. In 2003, she...
point to the final merged entity. Banks portal "TrustCompanies Combine; International Banking and Trust to Unite with North American". The New York Times...
The Euroclear System was operated by the Belgian branch of Morgan GuarantyTrustCompany from its founding in December 1968 until the start of 2001, when...
ch 9, counting 7 or so categories. (1919) 225 NY 380, 386 Deglman v GuarantyTrust Co [1954] SCR 725 Korkontzilas v Soulos [1997] 2 SCR 217 See Mitchell...
Texas State Bank & Trust "REPUBLIC BANK - The Handbook of Texas Online (Texas State Bank & Trust)". June 15, 2010. In 1922 Guaranty received a national...
shareholders at that time were First Bank of Nigeria Plc, GuarantyTrust Bank Plc, Sterling Bank Plc, First City Monument Bank, Skye Bank, and Unity Bank...
Insurance Company Ltd. Plaza One Realty Co. State Farm Specialty Insurance Company State Farm Guaranty Insurance Company State Farm Variable Product Trust HiRoad...
held the membership of the International Council of the Morgan GuarantyTrustCompany of New York. He was chairman of the Cancer Research UK from 2004...