Sunday 14 April 2013

GTBank Makes Record With N103 Billion Profit Before Tax

Foremost Nigerian Financial Institution, Guaranty Trust Bank plc has released its audited financial results for the December 2012 financial year to operators of the Nigerian Stock Exchange and reported a Profit Before Tax of N103 billion, the highest for any Nigerian Bank. According to analysts at the Nigerian bourse, this performance and an in-depth analysis of the results, which were recently approved by the Central Bank
of Nigeria, confirm GTBank as the first and only Nigerian bank to cross the N100 billion Profit Before Tax milestone from Continuing Operations at both Bank and Group levels.