Guaranty Trust Bank plc has been named the best bank in Africa 2019 by Euromoney at its annual Awards for Excellence, which held in London on Wednesday at the London Hilton Hotel, Park Lane.
GTBank was also named the best bank in Nigeria for a record ninth time.
The bank, in a press release on Thursday, said the feats reflected its position as one of the best managed financial institutions in the country, with strong and focused leadership that keeps the business in a constant state of re-invention and innovation.
Now in its 50th year, Euromoney is the leading publication for covering the growth of international finance.
This year, Euromoney received almost 1,500 submissions from banks in an awards programme that covers 20 global awards, more than 50 regional awards, and best bank awards in close to 100 countries.
The magazine’s Awards for Excellence celebrates the best banks around the world by recognising institutions that have demonstrated leadership, innovation, and momentum in the markets they operate.
In selecting its award recipients, Euromoney combines quantitative and qualitative data to honour institutions that have brought the highest levels of service, innovation, and expertise to their customers.
Commenting on the bank’s Euromoney awards, the chief executive officer of GTBank, Segun Agbaje, said: “We are delighted and proud to win the Euromoney Awards for Africa’s best bank and Nigeria’s best bank. These awards reflect the progress we are making in delivering the best banking experience that captures what customers want in the world of today and tomorrow.
“They are also a testament to our leading role in driving world-class corporate governance standards, excellent service quality and innovation in Africa’s banking industry.”