GTCO posts low-profit growth in Q3 2022, out of best-performing banks list

The Guaranty Trust Holding Company (GTCO) net profit rose by 0.73 percent in the third quarter of this year.

GTCO disclosed this in its third-quarter consolidated financial report released on Wednesday.

According to the report, the Guarantee Trust Bank’s net profit rose from N129.4 billion posted in Q3 2021 to N130.3 billion in the same period this year.