Guaranty Trust Holding Company (GTCO) Plc has announced that it raised N209.41 billion through a public offer in the first phase of its recapitalization exercise.
This is even as the financial institution disclosed that the second phase of its recapitalisation programme will be held in 2025 and will be targeted at significant foreign institutional investments to reinforce the company’s international brand reputation.
These developments were announced in a statement by the financial institution on Monday, January 6, 2025.
