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Guaranty Trust history
Guaranty Trust company history timeline
Guaranty Trust Bank plc became a publicly quoted company In September 1996, and won the Nigerian Stock Exchange President's Merit award.
Guaranty Trust Bank undertook its second share offering in 2004 and raised over N11 billion from Nigerian Investors to expand its operations.
On 26 July 2007, GTBank became the very first subsaharan bank and first Nigerian joint stock company to be listed on London Stock Exchange and Deutsche Börse.
On 12 March 2008, GTBank was given a banking licence for the United Kingdom by the Financial Services Authority.
In 2011, the bank became the biggest bank in Nigeria by market capitalisation.
In 2013, the bank acquired 70 percent shareholding in the Fina Bank Group for a cash payment of US$100 million.
On 29 March 2019, the Supreme Court asked GT bank to pay Innoson motors the sum of ₦8.7 billion debt.
In May 2021, GT Bank announced a change in its corporate structure, moving to a holding company and spinning off its banking and other businesses into subsidiaries.
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Guaranty Trust competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| American Financing | 1999 | $17.1M | 414 | 25 |
| Mortgage Financial | 1987 | $5.0M | 100 | - |
| Plaza Home Mortgage | 2000 | $210.0M | 700 | - |
| NEXA Mortgage | 2017 | $11.0M | 577 | 2 |
| Quicken Loans | 1985 | $12.9B | 17,000 | 140 |
| First Horizon Bank | 1864 | $50.0M | 5,577 | 830 |
| Ethic, A Wealth Bank | 2019 | $12.0M | 93 | - |
| Finance of America | 1994 | $171.3M | 4,000 | 38 |
| Bank of the Pacific | 1971 | $45.9M | 50 | 9 |
| Citywide Banks of Colorado | 1963 | $57.0M | 249 | - |
Guaranty Trust history FAQs
Zippia gives an in-depth look into the details of Guaranty Trust, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Guaranty Trust. The employee data is based on information from people who have self-reported their past or current employments at Guaranty Trust. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Guaranty Trust. The data presented on this page does not represent the view of Guaranty Trust and its employees or that of Zippia.
Guaranty Trust may also be known as or be related to Guaranty Trust, Guaranty Trust Co, Guaranty Trust Company, Subsidiary Of Volunteer State Bank and Guaranty Trust Company, subsidiary of Volunteer State Bank.