
Guaranty Trust Bank - Gtbank







Nigerian banks are providing more loans and advances to their customers through a variety of products in response to the CBN's regulation on loans to deposit.

The breakdown revealed that loans granted to entities controlled by key management personnel rose by 20.7% to N96.6billion in 2021 from N80.02billion reported.

9 commercial banks in Nigeria have said they spent N23 billion ferrying their staff ,to various locations around the world in report published by the banks.

The Central Bank of Nigeria has once gain come hard on commercial banks in the country, restricting them to access over N7 trillion worth of customers deposits.

Nine banks in Nigeria have raked in a whooping N554bn from fees and commissions in 2021.The money realised by the banks come from account and card maintenance.

The current Loan-to-Deposit Ratio, LDR, policy of the Central Bank of Nigeria, CBN, is turning positive as more banks are offering more loans to their customers

Chief Innocent Chukwuma has accused the Economic and Financial Crimes Commission (EFCC) of interference in his legal battle with Guaranty Trust Bank Plc (GTB).

In an effort to increase lending to the economy, the CBN compelled all Deposit Money Banks to maintain a minimum loan-to-deposit ratio of 65% or face sanction.

The list of Nigerian most valuable commercial banks listed on the Nigerian stock exchange for the month of January 2022 has been revealed with Zenith on top.
Guaranty Trust Bank - Gtbank
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