How Passion For 'Being the Best'' Gave GTBank European Awards For Excellence

Special financial institution report by Cerutti Mike Osagie 



The legendary Sir Winston Churchill was most categorical on his candid view on being the best when he mused It is not enough that we do our best; sometimes we must do what is required.”

Such attitude  of being the best is perhaps what must have shot Guaranty Trust Bank Plc, one of Africa’s leading financial institution to the top again when she was once  once again reaffirmed as  a foremost African global brand after it was bestowed the ‘Best Bank in Nigeria’ during the 2015 Euromoney Awards held in London at the Natural History Museum recently.
The Euromoney Awards for Excellence covers more than 20 global product categories, best-in-class awards and the best banks in over 100 countries around the world by recognizing institutions that have demonstrated leadership, innovation, and momentum in the markets they operate.
In selecting its recipients, Euromoney combines quantitative and qualitative data to honor institutions that have brought the highest levels of service, innovation and expertise to their customers.
According to Mr. Clive Horwood, Euromoney Magazine’s Editor, “Competition for the awards this year was tough, arguably the toughest it has been since the start of the global financial crisis. In winning this award, GTBank stands out not only because of its stellar performance but by its ability to define what its core strengths are, abide by these strengths and build its business around them. According to him, banking in the future will be about what you do, as well as what you don’t do.
“GTBank stands out as Euromoneys’ best bank in Nigeria for its ability to adapt to local situations while maintaining international standards of best practice,” Horwood.
Receiving the award on behalf of the Bank, Segun Agbaje, Managing Director/CEO of GTBank said “We are humbled and proud to be recognised as the Best Bank in Nigeria. For us, this award is an acknowledgement of the hard work and dedication of our staff, management and Board. It represents our commitment to serving our customers and providing them with value oriented products and services suited to their varied needs.
“Our desire to always be at the frontier of excellence, enables us remain relevant to our customers and add value to all stakeholders. Being, the first Nigerian bank to win this award seven years consecutively, outside of 2013, when we were recognised as The Best Managed Bank in Nigeria, is also an affirmation of our position as a Proudly African and Truly International Institution,” he said.
Whilst thanking the bank’s customers for their continuous patronage and tremendous support over the years, he further stated that the Bank will continue to leverage its brand equity to tap into the growth potentials of African economies.
GTBank has consistently played a leading role in Africa’s banking industry. The GTBank brand is regarded by industry watchers as one of the best run financial institutions across its subsidiary countries 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.


Fact About GTBank

Guaranty Trust Bank plc is a foremost Nigerian financial institution with vast business outlays spanning Anglophone/Francophone, West Africa, East Africa and the United Kingdom.
The Bank presently has an Asset Base of over 2 Trillion Naira, shareholders funds of over 200 Billion Naira and employs over 10,000 people in Nigeria, Cote d'Ivoire, Gambia, Ghana, Kenya, Liberia, Rwanda, Sierra Leone, Uganda and the United Kingdom.
The Bank has a corporate banking bias and strong service culture that have enabled it record consistent year on year growth in clientele base and key financial indices since its inception in 1990.

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