Guaranty Trust Bank (GTBank) Plc has, for the second year running, won the “2014 African Bank of the Year.
The African Banker Magazine gave the award to the bank at the sidelines of the just-concluded African Development Bank (AFDB) Annual General meeting in Kigali, Rwanda.
The African Banker Awards is one of the biggest annual events that recognizes and celebrates the achievements of the financial services industry in Africa.
The award recognizes individuals and financial institutions’ contribution to the development and growth of Africa’s banking industry and changing perceptions of the continent’s domestic and international markets.
A statement from GTBank said that the panel of judges considered, among other factors, the bank’s consistent strong financial performance and contribution to the quality of services within the country and across the African continent.
Publisher of African Banker Magazine, Omar Ben Yedder said at the award ceremony that the award was memorable, saying: “since we launched the awards, we have witnessed the transformation of an industry.
“There is no room for complacency because there is much room for growth and development to achieve the transformation we all desire and work towards.
Managing Director of GTBank Kenya,Kunle Sonola, who received the award on behalf of GTBank, said that the award is a testament to the hard work and commitment of the board, management and staff of the Bank.
“It is also a challenge and a call to do more to project the global relevance of the African banking industry.”
He commended the bank’s customers for their continued trust and support, assuring them that the bank would continue to strive to deliver beyond stakeholders’ expectations at all times.