By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The NewsmatricsThe NewsmatricsThe Newsmatrics
  • Homepage
  • News
    • Latest
    • From the state
    • Science and Tech
    • News Unusual
  • Politics
  • Business
    • Aviation
    • Maritime
    • Personal Finance
  • Entertainment
  • Health
  • Lifestyle
  • Opinion
  • Sport
Search
  • Advertise
© 2024 The News Matrics. By Datech.ict. All Rights Reserved.
Reading: GTBank named Nigeria’s best-performing bank after record earnings
Sign In
Notification Show More
Aa
The NewsmatricsThe Newsmatrics
Aa
  • Homepage
  • News
  • Politics
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Opinion
  • Sport
Search
  • Homepage
  • News
    • Latest
    • From the state
    • Science and Tech
    • News Unusual
  • Politics
  • Business
    • Aviation
    • Maritime
    • Personal Finance
  • Entertainment
  • Health
  • Lifestyle
  • Opinion
  • Sport
Have an existing account? Sign In
Follow US
  • Advertise
© 2024 The News Matrics. By Datech.ict. All Rights Reserved.
BusinessNews

GTBank named Nigeria’s best-performing bank after record earnings

Last updated: 2026/07/16 at 10:50 AM
tnm
Advertisements

Guaranty Trust Bank Ltd, the flagship banking subsidiary of Guaranty Trust Holding Company Plc (GTCO), has emerged as Nigeria’s Best Overall Performing Bank in The Banker magazine’s prestigious Top 1000 World Banks Rankings 2026, reinforcing the lender’s position as one of the country’s strongest financial institutions following another year of record profitability and balance sheet growth.

Advertisements

The annual rankings by The Banker, a Financial Times publication, assess banks worldwide using audited financial statements and evaluate institutions on key indicators including financial strength, operational efficiency, asset quality, liquidity, risk management, growth and profitability.

In this year’s assessment, GTBank ranked first overall among Nigerian banks and also claimed the top positions in Efficiency and Soundness. The bank placed second in Return on Risk, Liquidity, Growth, Leverage and Profitability, highlighting its consistently strong performance across virtually all major banking metrics.

Advertisements

The latest recognition comes on the back of robust financial results delivered by GTCO in recent years, as Nigeria’s banking industry benefited from higher interest rates, foreign exchange revaluation gains and increased digital banking revenues. GTCO has remained one of the country’s most profitable financial groups, recording strong growth in earnings, deposits and shareholders’ funds while maintaining healthy capital and liquidity ratios.

The group has also continued to diversify beyond traditional banking through its holding company structure, expanding into payments, asset management and pension administration as part of its strategy to build multiple streams of sustainable earnings.

Advertisements

Commenting on the award, the Managing Director of Guaranty Trust Bank Ltd, Miriam Olusanya, attributed the recognition to the bank’s disciplined execution strategy and customer-focused approach.

“Being named the Best Overall Performing Bank in Nigeria by The Banker is a recognition that means a great deal to us, not just because of the prestige of the publication, but because of what it represents; the hard work of our people, the loyalty of our customers, and the strength we continue to draw from being part of the Group.

“Ranking first in Overall Performance, Efficiency, and Soundness reflects our disciplined approach to banking, the synergies we harness across the GTCO Group, and our relentless focus on delivering real value.

“We do not take this recognition for granted. It deepens our resolve to keep raising the bar, to serve our customers better every day, and to remain a bank that consistently delivers value to all its stakeholders, and to the GTCO Group we are proud to belong,” she said.

Industry analysts say the award underscores GTBank’s resilience in navigating Nigeria’s volatile macroeconomic environment, characterised by high inflation, exchange rate reforms and elevated borrowing costs, while preserving profitability and maintaining one of the industry’s strongest operating efficiency ratios.

The recognition also adds to GTBank’s growing list of international honours and further strengthens its reputation as one of Africa’s leading banking franchises.
GTCO, one of Africa’s largest financial services groups, operates across several African countries and the United Kingdom. Beyond commercial banking, the group provides payment services, asset and funds management, and pension fund administration, leveraging technology-driven financial solutions and strong corporate governance to drive long-term shareholder value

The Top 1000 World Banks ranking is regarded as one of the global banking industry’s most authoritative benchmarks, providing investors and market participants with an independent assessment of banks’ financial health, resilience and operating performance across international markets.

Advertisements
TAGGED: GTCO
Previous Article Three years of reforms have grown Nigeria’s economy, says Tinubu
Next Article R. Kelly seeks clemency, asks Trump to reduce 31-year prison sentence
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

The NewsmatricsThe Newsmatrics
Follow US
© 2024 The News Matrics. By Datech.ict. All Rights Reserved. Contact: 08057511900
  • About Us
  • Contact Us
  • Advert rates
  • Privacy Policy
Welcome Back!

Sign in to your account

Lost your password?