Guaranty trust bank 2015 results shows positive performance across most financial indices posting a N120.7billion profit before tax ,the bank has also proposed N1.52/share to be paid as dividend, making a total-year dividend of N1.77 per share (inclusive of the 25 kobo interim dividend paid at half year 2015)
The Bank’s statement of financial position remained strong with 7.2 per cent growth in Total Assets, from N2.36 trillion in 2014 to N2.52trillion in the year under review. Loans to customers grew by 7.5 per cent to close at N1.37trillion from N1.28 trillion in 2014. Despite the implementation of the Treasury Single Account (TSA) by the Federal Government, customer deposits remained relatively stable with a marginal year-on-year decline of 0.49 per cent from N1.62 trillion in 2014 to N1.61trillion in 2015.
Segun Agbaje, the Managing Director/CEO of Guaranty Trust Bank Plc, said the bank’s financial performance in 2015 is an indication that we have earned the loyalty of our customers and an attestation of the hard work and dedication of our staff, management and Board.
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