Euromoney has presented the Excellence in Leadership Africa Award to Guaranty Trust Bank (GTBank) Plc, a premier award category set up to recognise banks around the world who are playing pivotal roles to beat the coronavirus pandemic.
GTBank 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 the 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. Recognising 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.”
Commenting on the bank’s Euromoney awards, 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 10th 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 said: “As we continue to navigate the fallout of this pandemic, the imperative of our time as an organisation 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.”
