GTBank Named in Euromoney Excellence in Leadership Awards for Covid-19 Response Wins Award for Nigeria’s Best Bank for a record 10th time - Islanders Magazine


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Sunday, 19 July 2020

GTBank Named in Euromoney Excellence in Leadership Awards for Covid-19 Response Wins Award for Nigeria’s Best Bank for a record 10th time

Guaranty Trust Bank Plc has been awarded the Euromoney Excellence in Leadership 
Africa Award, a premier award category set up to recognize banks around the world who are playing a pivotal role during the Covid-19 pandemic. The foremost African financial 
institution, which was also named Nigeria’s Best Bank for a record 10th time, was lauded for its swift reaction in responding to the Covid-19 crisis and for addressing the impact of the pandemic on its customers and communities.
Announcing GTBank’s Excellence in Leadership Award, Euromoney said; “One of the first things Nigeria’s Guaranty Trust Bank did with the onset of the Covid-19 pandemic was to get in touch with local authorities to see how the bank could help. Recognizing that the pandemic would stretch the public healthcare system, the Bank partnered with local authorities to set up a care facility for people with Covid-19. “GTBank also granted small and medium-sized enterprises a grace period of 90 days [which 
has since been extended by a further 3 months] on all loan payments. It is also developing other 
resources to help SMEs better understand and navigate the impact of the pandemic,” the 
magazine added.
Whilst being lauded for its exemplary leadership during a global crisis, GTBank is also receiving 
accolades for its digital drive to radically expand access to financial services and consistency in 
delivering the best performance across key financial indices. Key to the bank’s emergence as 
Nigeria’s Best Bank at the Euromoney Awards is its leading role in driving world class corporate 
governance standards, excellent service quality and innovation in Africa’s banking industry
Commenting on the Bank’s Euromoney Awards, the Chief Executive Officer of GTBank, Segun 
Agbaje, said; “We feel very humbled to be awarded the Excellence 
in Leadership in Africa Award and immensely proud to be named Nigeria’s Best Bank for a 
record tenth time. These awards reflect what we are all about at GTBank—giving back to 
society and adding value to people’s lives. They are also testaments to our commitment to 
always be there for our customers and communities as a beacon of hope, an engine of progress 
and a platform for enriching lives.”
He further stated that; “As we continue to navigate the fallout of this pandemic, the imperative of 
our time as an organization remains safeguarding our lives and livelihoods. This means that we 
will continue to lead from the frontlines by protecting our employees, serving our customers 
wherever they may be, helping businesses make it through these uncertain times and 
supporting public authorities in combatting the pandemic.”
GTBank is regarded by industry watchers as one of the best run financial institutions in Africa 
and serves as a role model within the financial service industry due to its bias for world class 
corporate governance standards, excellent service quality and innovation. Renowned for its 
forward-thinking approach to financial services and customer engagement, the Bank was 
recently ranked Africa’s Most Admired Finance Brand in the 10th-anniversary rankings of Brand Africa 100: Africa’s Best Brands, the pre-eminent survey and ranking of the Top 100 admired 
brands in Africa.

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