GTBank rated most innovative bank in 2013

Guaranty Trust Bank Plc has been rated the ‘Most Innovative Bank’ in Africa in 2013 by the London-based EMEA Finance magazine.

According to a statement by the GTB on Sunday, the bank received the laurel at the EMEA Finance Awards dinner in London.

The award celebrates Africa’s most innovative bank, taking into consideration its market strength, profitability, growth & earnings, potential and quality of management of the financial institutions.

The award event also named the GTBank Managing Director/Chief Executive Officer, Mr. Segun Agbaje, as the 2013 pan-Africa CEO of the Year, according to the statement.

EMEA Finance is a leading bimonthly global industry publication that reports major financial events influenced by the international financial industry active in Europe, Middle East and Africa.

The statement quoted the Publisher of EMEA Finance, Mr. Christopher Moore, as saying, “Africa’s banking sector is developing at a rapid rate and GTBank is at the forefront of many areas of innovation. Its work in linking its social media presence to business performance is particularly impressive, including its ‘Social Banking’ service, which made it the first Nigerian bank to allow customers to transfer money and review their account balances on Facebook.”

The bank’s MD (Agbaje) said, “GTBank uses technology as a strategic means of consistently improving service quality. Being leaders in innovation allows us to provide our customers with the best possible value proposition and further consolidate our leading position in the African market.”

He stated that the award was in recognition of the hard work, discipline and commitment of the board, management and staff of the bank.

The statement further quoted the Editor of EMEA Finance, Mr. Tim Burke, as stating, “With two decades of banking experience, Agbaje has demonstrated his invaluable insights into the factors that drive success in this industry.”

The bank was established in 1990.

Meanwhile, GTB loyalty programme for holders of interest-bearing undergraduate account will next week reach its grand finale with the giving away of a mini cooper car, a statement by the bank has said.

The statement said the essence of the promo, which is meant for the account holders called GTCrea8 e-savers, was to promote savings culture and an increased adoption of the use of alternate banking channels among Nigerian students.

According to the statement, the promo began in March and has rewarded account holders with gifts such as Blackberry phones, iPods, laptops, Samsung Galaxy tabs, LED TVs and mini fridges in its monthly zonal draws.

The statement quoted the Head of GTB’s Communication & External Affairs, Ms. Lola Odedina, as saying that the bank had designed the product to suit the online lifestyle of Nigerian post-secondary students.

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