Tag Archives: GTBANK

Guaranty Trust Bank Plc said interest rates for lending would continue to increase in 2021 amid increase in the Federal Government’s debt profile. The Bank made the disclosure in a report titled ‘Nigeria and Banking Sector Themes for 2021’ released on Monday. According to the report, experts expect the CBN …

The six largest-listed banks by stock value in Nigeria achieved a consolidated net profit of 601.5 billion naira ($1.58 billion) over the first nine months this year. Denominated in the local currency, this makes an increase of 5.43% compared to the same period in 2019. In the US dollar, despite …