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 into a Holding Company
GTCO Plc’s reorganization means it will now offer more services beyond banking; with a payments business being top of mind for the group. Under its old structure, it could not have run non-lending businesses because a 2010 regulation 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 services 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 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.
Guaranty Trust Bank Plc was established in 1990 as a limited liability company (LLC) regulated by the Central Bank of Nigeria to provide commercial and other banking services to Nigerians. The bank began operations as a commercial bank in 1991. The Bank inaugurated its first Head Office on February 11, 1991, at The Plaza, Adeyemo Alakija, Victoria Island, Lagos. In 1992, the Bank opened two branches in Lagos (Ikeja and Broad Street), as well as its first upcountry branch in Kano, and a Port-Harcourt branch in 1993
GT Bank Customer Care Number In Ghana
Contact Center (Connect) on 01448000, 070 0482 6663 28, 080 2900 2900, 080 3900 3900, 737
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