In 2007, Guaranty Trust Bank plc became the first Nigerian bank to list on the London Stock Exchange, setting the pace for a decade of unparalleled growth that, ten years on, still shows no signs of waning.
In 2007, GTBank became the first Nigerian bank to be listed on the London Stock Exchange (LSE), the first to dual list on an international exchange and the first Nigerian company to raise international capital using listed Global Depositary Receipts. This unprecedented move was accomplished through a combination of the Bank’s strong foundational principles, sheer will, and the commitment to creating an oasis of excellence in Africa.
Since its listing on the LSE, GTBank has placed a private Eurobond issue on the international capital markets, the first Nigerian company to do so, offered the first ever non-sovereign bond to the international community and emerged the first Nigerian Bank to fully implement all ISO certifications. In recognition of its leading role in Africa’s banking industry, world class corporate governance standards and excellent service delivery, GTBank has been recognized 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).
On July 28, 2017, the Bank marks the 10th anniversary of its listing on the London Stock Exchange at the day’s Market Open Ceremony.
Commenting on the anniversary, the Managing Director/CEO of Guaranty Trust Bank plc, Mr Segun 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, as we were on that fateful day in July 2007, to maximizing shareholders’ value and delivering superior and sustainable return, guided by our founding values of hard work, discipline and integrity.”
Guaranty Trust Bank plc. [GTB] 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. With an Asset Base of N3.16 trillion, the Bank is one of the best managed financial institutions in Nigeria, leading the industry in absolute profitability, return on equity and cost to income ratio.