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GT Bank Restructures, Changes New Name To GTCO

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Guarantee Trust Bank popularly known as GT Bank or GTB has undergone major structural changes and is now a Holding Company, and as a result, its new name is Guaranty Trust Holding Company Plc or GTCO.

The new changes were announced by the Group Chief Executive Officer, Segun Agbaje, who said the new Guaranty Trust Holding Company Plc or GTCO will provide better value for its stakeholders after its shares were listed at the Nigerian Exchange (NGX) Limited.

“At GTCO, we are very excited about the opportunities that have opened up to us with this restructuring, particularly because diversifying our income base has always been a major priority. As we venture into this new phase, we look forward to leveraging technology and introducing new business lines – including payments, asset management and more – that go beyond the needs of institutional or wholesale clients to improve retail clients’ access to the financial markets.”

Guarantee Trust Bank aka GT Bank or GTB has since started changing its name and logo on its branches nationwide to the new GTCO (Guaranty Trust Holding Company Plc).

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